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