Updated
Updated · tovima.com · May 26
Mitsotakis Extends €0.15 Diesel Subsidy Through June, Adds €150 Per-Child Payment
Updated
Updated · tovima.com · May 26

Mitsotakis Extends €0.15 Diesel Subsidy Through June, Adds €150 Per-Child Payment

3 articles · Updated · tovima.com · May 26
  • Greece will keep its diesel subsidy in place through June at €0.15 a liter, with Prime Minister Kyriakos Mitsotakis saying the measure should leave pump prices about €0.30 below March levels.
  • A one-off €150 payment per child is also due by the end of June, part of what Mitsotakis cast as support for household incomes during economic strain while preserving long-term stability.
  • At the same cabinet meeting, Mitsotakis attacked opposition parties and newly emerging political movements, arguing they lack credibility and are bound mainly by criticism of his government.
  • The announcement follows a report that Athens was weighing an extension of energy-support schemes as fuel prices and inflation rose, with about €200 million available for June measures.
With Greece subsidizing fuel, is it sacrificing long-term green energy goals for short-term economic relief?
As Greece extends price controls, is it creating a sustainable economic model or just delaying an inevitable market correction?