Government decides on subsidies of household natgas consumption

The government has decided to provide a subsidy for the consumption of natural gas by households, with an amendment attached to the health ministry bill alongside other tax relief measures announced by Prime Minister Kyriakos Mitsotakis at the Thessaloniki International Fair (TIF).

The amendment allows a subsidy to be given via the special electricity and natural gas account and to be credited to those eligible as a discount by their natural gas providers.

The details of who and how will be eligible will be outlined in a Joint Ministerial Decision.

The package of measures also include several that will go into effect from Friday, October 1, and include the abolition of tax on parental gifts of up to 800,000 euros, a 50 pct reduction of capital accumulation tax, lower VAT on transport, coffee, non-alcoholic beverages, cinemas and tourism until June 2022.