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23
Oct 2026
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Government announces 30% increase in heating allowance compared with last year

Finance Minister Kyriakos Pierrakakis unveils a two-part support package, including a direct subsidy at the pump to lower heating oil prices

Papastavrou: Heating allowance to rise significantly across the board, with heating oil target set below €1.75 per litre

The government is preparing two measures to support households facing higher heating costs while safeguarding public finances

Greek Prime Minister signals higher heating allowance, with details due on 14 October

Support will favour colder regions, with heating oil targeted below €1.75 a litre. Speaking at an event marking Mount Olympus's UNESCO listing, the Prime Minister pointed to ancient Nikopolis as Greece's next World Heritage target

Pierrakakis: Heating allowance increase to apply across the board without changes to criteria, we have reserves for worst-case scenarios

“Populists know how to describe problems well but not how to provide solutions in the best-case scenario. In the worst case, they come along and add just as many more when they are in government,” Kyriakos Pierrakakis said