Greece boosts heating oil subsidies and aid
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The Greek government is intervening in fuel markets with a dual approach, subsidies at the pump and increased heating allowances, to lessen the impact of rising energy costs on households.
The government and refineries will together reduce the price of heating oil from €1.95 to €1.55 per liter. Approximately 1.2 million eligible households will receive a 30% increase in their heating allowance, with an advance payment arriving before Christmas.
For those receiving the allowance, the final cost of heating oil will be around €1.35 per liter. Support also continues for diesel fuel, with a combined subsidy and refinery discount of 20 cents per liter. Gasoline will remain cheaper by 10 cents due to government subsidies.
These measures will be in effect until October 31, 2026, after which the government will assess the situation and announce further support for the first half of November, considering international prices, the energy crisis, and available funds. The government also increased the maximum heating allowance to €1,560, up from €1,200. Households in colder regions, like Elati and Metsovo, may receive even more, with the maximum allowance reaching €1,560.
Roughly 1.17 million households received the heating allowance last year, and the increased aid is expected to add €52 million to the program’s budget. The application platform for the allowance will open around November 10, with advance payments expected by December 23, 2026.
