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Athens News Agency: News in English, 05-08-31

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Heating fuel subsidy a possibility, Development Minister says

  • [01] Heating fuel subsidy a possibility, Development Minister says

    Development Minister Dimitris Sioufas did not rule out the possibility of providing a heating fuel subsidy to citizens in an effort to offset the impact of exorbitant international oil prices, saying that the government is exploring all options, in comments he made on Wednesday.

    According to market estimates and based on current circumstances, heating oil may cost more than 0.60 euros/litre this winter compared with last year's rate of 0.46 - 0.48 euros/litre.

    Sioufas also announced that the government will initiate another attempt on a European Union-level to contain the repercussions created by soaring international oil prices.

    The government had previously proposed the reduction of a special fuel consumption tax when international oil prices exceed certain price levels, but the proposal did not meet the approval of the EU ministerial council.


    Athens News Agency: News in English Directory - Previous Article - Next Article
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