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Pierrakakis: Heating Allowance Increase to Apply Across the Board without Changes to Criteria, We Have Reserves for Worst-Case Scenarios

Summary by sofokleous10.gr
Speaking on Monday morning, Minister of Finance Kyriakos Pierrakakis spoke of a double shield of protection for heating oil. As he explained to SKAI, “the first part has to do with the fact that if it opened today, it would by sofokleous10..gr

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The energy issue was at the center of Kyriakos Pierrakakis' interview with SKAI, as the announcement of support measures is expected in the coming days. The Minister of Economy and Finance, referring to the price of heating oil, stated that if the fuel were to be available today, its price would be approximately 2 euros per liter. The goal, as he said, is for the price of heating oil to be lower than last year's closing price. Kyriakos Pierrakak…

The Finance Department of the PASOK Movement for Change is criticized by the Minister of National Economy and Finance Kyriakos Pierrakakis on the “double shield” of protection against increased energy costs.

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The government has fiscal reserves for additional interventions and plans a horizontal increase in the heating allowance, without changes to the income criteria and the number of beneficiaries.

Prime Minister Kyriakos Mitsotakis announced an increased heating allowance for the winter season 2026–2027, with the government intervention affecting the entire

The price of heating oil will soar this year, as the government plans half-measures to address the rise in international fuel prices, which have minimal impact on the economy.

“As for the allowance, the criteria will not change. The number of beneficiaries will not change and the amount will increase,” Kyriakos Pierrakakis said. A “double shield” plan to limit the burden on households from increased energy costs is being promoted by the government ahead of the new heating oil release period. The target is for the starting price to be lower than €1.85 per litre, the level at which it had moved in the previous period, w…

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ERT NEWS broke the news on Sunday, September 20, 2026.
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