Heating oil subsidy cut by half in Greece this season due to austerity

One of the more “harsh” austerity measures passed by the current leftist-rightist coalition government, a 50-percent reduction in the state budget for the annual heating oil subsidy, is expected to affect hundreds of thousands of residents country.

The heating oil subsidy this season will be allocated for buying heating oil between mid October to the end of April, with the latter affecting northern mountainous regions. As in previous years, eligible beneficiaries are households with low annual income and low-valued or non-existent property holdings.

The outlay in the current budget is 55 million euros for the winter season, which extends into 2018, exactly half of last season’s sum.

Read more here.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinations Greek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons Copyright: Versageek License: CC-BY-SA

Source: naftemporiki.gr

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