Greece to up power bill subsidies

The Brussels Times

Belgium, (Brussels Morning Newspaper) Greece announced plans on Wednesday to increase power bill subsidies for companies and households.

Kostas Skrekas, Minister of the Environment and Energy, noted that the government will provide citizens and businesses with additional 1.1 billion euro next month, according to Reuters reporting on Wednesday.

He noted that the move will cushion the blow of rising energy prices as the winter approaches, stressing that price of natural gas continues to soar.

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