Greece launches ‘fuel pass’ subsidy to ease rising energy costs

Greece connected Monday launched a “fuel pass” subsidy level aimed astatine easing the load of soaring vigor prices for households and drivers.

Under the scheme, eligible αυτοκίνητο owners will person 50 euros ($54), rising to 60 euros for residents of land areas, while motorcycle owners will get 30 euros, oregon 35 euros connected islands.

The measurement applies to individuals, including self-employed professionals, with a declared yearly income of up to 25,000 euros for single applicants and 35,000 euros for joined couples. The threshold increases by 5,000 euros for each babelike child. Authorities estimation the criteria will screen astir 75% of drivers.

The subsidy is granted to each qualifying rider αυτοκίνητο owners, including those utilizing diesel vehicles, who will besides payment from an existing 20-cent-per-liter diesel subsidy.

Based connected authoritative information connected mean substance depletion nationwide, the 50-euro substance walk is equivalent to a subsidy of astir 36 cents per liter, the authorities said.