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Wednesday
05
Aug 2026
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Athens 34°C

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Electricity bills: €30 million “cushion” for new subsidies from September

The energy ministry has held back increases in August bills (green and yellow tariffs) and is preparing for a second round of subsidies because of fears of price hikes triggered by the escalating Israel-Iran crisis

Unleaded is “on fire” on the islands – Over 2 euros a liter

Many visitors left with full tanks in order to reduce the cost of their travels

Mykonos: Why this year the prices are down by 20% – 30% in the rental villas

Fewer visitors, increased supply, competition from other premium Mediterranean destinations bring a drop in rents prices

Fruit and vegetable prices – “Right now, watermelons and melons are the best”

Products are 100% weather dependent

When do the summer sales end – Offers from the stores continue

Traders are trying to attract as many consumers as possible with significant price discounts

Electricity Bills: Absorption of Price Increase and Subsidy for Households – €10 per Megawatt-hour Emergency Levy

Providers are expected to absorb part of the short-term price hikes to ease the burden on businesses as well

Olive oil: With prices soaring, record-breaking incidents of adulteration and fraud in the EU

Complaints in the EU increased from 15 in Q1 2018 to 50 in the first three months of this year

Oil: Rising on fears of a general flare-up in the Middle East

Israel has vowed retaliation against Hezbollah in Lebanon and Israeli aircraft struck targets in southern Lebanon on Sunday

Inflation: prices at supermarkets went down c in July, IELKA survey shows

"The trend will continue in the coming months," notes the general manager of the Union of Supermarkets of Greece - At the same time, however, a study by the BoE reveals that Greece is more expensive compared to the Eurozone average by 10% in a range of 41 categories of branded standard products

Electricity subsidies: 10 questions and answers on energy costs and new consumer support measures

When will retail electricity prices return to normal levels for the season - What benefit will consumers see in their bills from the measures

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