Greece Sets Heating Oil Subsidy Scheme for October 15

The Greek government has finalized a heating oil subsidy scheme set to take effect on October 15. An amendment submitted by the Ministries of National Economy and Finance, Environment and Energy, and Development establishes the framework for the initiative, which applies to fuel placed on the domestic market starting on that date.

The measure is designed to provide financial relief for heating costs as the winter season approaches. The government’s explanatory report accompanying the amendment outlines the regulatory basis for the subsidy, which aims to mitigate the impact of fuel prices on households.