Filenews 30 October 2024
With the decisions of the Council of Ministers on the Housing Issue came decisions on medium-term measures aimed at reducing energy decisions, the Council of Ministers during its last meeting.
The measures that have been decided, according to our information, include the following:
. Tiered subsidy of the electricity charge for the special household tariff for vulnerable consumers (Code 08) and commercial use (tariff 010), i.e. vulnerable households and selected businesses respectively. The subsidy for special tariff 08 will cover 100%. Special tariff 08 is extended to cover low-income pensioners and single-parent families. Specifically, the measure benefits an additional 22,200 low-income pensioner households and 10,700 single-parent households that are beneficiaries of single-parent benefit. This subsidy will be valid until December 2025. The estimated cost of the measure is €25 million.
• An additional budget of €15 million for an upgraded "Photovoltaics for All" Plan (i.e. without the payment of initial capital), which will also be addressed to large families residing in small and medium-sized premises with the sole criterion of the power of the system. 3,000 families are expected to benefit from this measure.
• The Council of Ministers also ratified the measure announced on October 10, 2024 by the Minister of Finance for the imposition of a zero VAT rate on baby diapers, baby milk, adult diapers, products for feminine hygiene protection and fresh fruits and vegetables. The measure will enter into force on 4 November 2024 and will apply until the end of 2025. The total estimated cost of this measure amounts to €5.1 million.
