Greeks are Rich: Heating Oil “on Fire” to be Sold at 1.40 Euro per Liter

Posted by keeptalkinggreece i

In times when millions of households are suffering from sharp income decrease, Greeks will get confronted with a further economic bleeding expected to trim down their personal budget. As of October , the heating oil will be sold  at 1.40 euro per liter from 1 euro/lite during last winter. The dramatic price increase came after the bailout agreement imposed equation of the tax between heating and fuel oil to fill holes in the state registers.
Samaras government had promised to support poor households in regions with low temperatures with a “heating allowance”,  it seems very hard for the Finance Ministry to find the necessary amount of 120 million euro. Maybe after the 31 billion euro bailout tranche, which is not expected before November…
And yet, the criteria are very strict with the effect that only one out of eleven Greeks may enjoy the government support.
While debt-ridden Greeks are seeking alternative ways (heating via A/C, firewood etc) to come through the upcoming winter, I heard on Skai TV this morning that the price may even go up to 1.60 euro per liter!