Wednesday, June 28, 2023

FUEL SUBSIDIES - NO TO FUEL, ELECTRICITY TARGETED AT VULNERABLE

Filenews 28 June 2023



 The Council of Ministers lit red today to extend the measure for reduced taxation by 8 cents on fuel

After the end of the Council of Ministers, Finance Minister Makis Keravnos said that he decided not to continue the subsidy of the consumption tax on fuel, which ends at the end of the month.

Regarding the subsidy of electricity through EAC, it will be targeted at vulnerable groups of the population. It will be valid for three months and will amount to €2.5 million.