Consumers in Greece will be getting a rebate of 60% on the extra charges they paid for their electricity from December to May, as part of a packet of relief measures to tackle soaring energy prices, PM Kyriakos Mitsotakis announced on Thursday.
In a televised address, Mitsotakis said the refunds would be capped at €600 and would apply to households earning up to €45,000 a year. The refund will be paid directly to the bank accounts of electricity customers.
“The Russian invasion of Ukraine and the ongoing war are affecting the entire world, Europe and our own country. It is being carried out not only with missiles and bombs but also using energy as a weapon,” Mitsotakis said, before detailing the relief measures.
For May and June, households will receive a 50% rebate for any increase in consumption of over 300 KWh, he said.
Greece to tax extra profits of power companies by 90%
The extra profits of power companies made during the energy crisis will be taxed at 90%, the prime minister also said.