ECONOMY

Government begins disbursal of heating oil subsidy

Thousands of Greeks who applied for a heating oil subsidy this year are due to begin receiving their benefits on Monday.

The government is offering to pay 28 cents for every liter of heating oil that eligible applicants buy. The subsidy was brought in after the government raised the consumption tax on heating oil to equal that on fuel, which pushed prices up to about 1.40-1.50 per liter.

The head of the Finance Ministry’s General Secretariat for Information Systems (GSIS), Harris Theocharis, told Skai TV that about 50,000 Greeks have applied for the subsidy. They will receive a total of about 6.5 million euros.

The applications can be made online at www.gsis.gr

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