Calamos Supports Greece

Heating oil

Inflation in Greece Soars by 7.2% Following Rise in Electricity, Fuel

Greece's annual inflation rate soared by 7.2% in February compared to 6.2% in January, which has accelerated a trend that has followed the COVID-19 pandemic and now the Russia-Ukraine conflict, official statistical data released Thursday indicates. The surge in consumer...

EnergyMin Says If Oil Prices Increase Government Will Take Measures

If the price of oil drastically increases the government will take the necessary measures, Environment and Energy Minister Giorgos Stathakis said on Monday, speaking to Real FM radio, responding to questions relating to the rise in international oil prices...

Heating Oil Price Is Seen Lower This Year

The heating oil price will be around 85 cents per liter at the beginning of the winter season, on October 15, provided that the special consumption tax remains stable at last year's levels (23 cents per litre), according to...

Chaos in Apt Buildings Over Maintenance Fee Collections

Apartment building managers in Greece are striving to collect the unpaid maintenance fees as the residents cannot repay their debts because of the economic crisis. The condition in numerous apartment buildings in Greece is dramatic. Many of them don’t have...

Greek Finance Ministry Amplifies School and Hospital Heating Funding

The Greek Ministry of Finance announced today that the State Treasury has approved a 51.5 million euro fund packaged to cover the increased heating oil needs of hospitals and schools. The Deputy Minister of Finances, Christos Staikouras, noted that 37.5...

Increase on Heating Oil Sales

According to data, the heating oil sales have already shown an incredible increase for this year, the rate ranged from 20 to 80 percent. It seems that the Greek consumers reverted to the “traditional” way of heating after trying...

Eight Out of Ten Greeks Slash Heating Expenses

According to a new survey, published today, eight out of ten Greeks have reduced the heating expenses compared to last year’s data. In Greece the distribution of heating oil began on Tuesday, priced at 1.30 per liter which means...

Greek Church, Solidarity Donate Heating Oil

With winter drawing to a close and many Greeks still waiting for oil subsidies unlikely to come before it ends - and unable to afford heating fuel because of big taxes imposed by the government - more than 79,000...

Greeks Outspending Finns For Heat

Greeks spend three times as much as to heat their homes as Finns, statistics show, but it doesn't matter much to 60 percent of Greeks who can't afford to buy oil anyway because of big tax hikes on fuel...

Without Heat, Some Greek Schools May Close

Left without money by the government to buy heating oil, many towns and villages in northern and central Greece say they may have to shut down their freezing schools, with teachers saying students can't study while they're shivering in...