Total subsidy for electricity in Greece during December reaches €435 million

The total amount of the subsidy for electricity in December amounts to 435 million euros, while for natural gas the horizontal subsidy will be 15 euros per thermal megawatt hour, Environment and Energy Minister Kostas Skrekas said on Friday regarding the state subsidies on electricity and natural gas bills for December, ANA reports.

The minister first emphasized that the government is consistently and effectively implementing its policy to deal with the energy crisis, on two fronts: First, by creating alliances and putting pressure on Europe to implement a realistic cap on natural gas, as Prime Minister Kyriakos Mitsotakis proposed in March. And secondly by directly subsidizing electricity bills to absorb the bulk of the increases.

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