ECONOMY

Start of heating oil sales turns up heat on ministry

start-of-heating-oil-sales-turns-up-heat-on-ministry

The sale of heating oil begins in Greece on Thursday, but the Finance Ministry’s subsidy policy and how much the special consumption tax will be remain unknown.

The average retail rate is expected to range between 85 and 87 cents per liter.

If the ministry decides to retain the subsidy for poor households at 35 cents/liter, they will pay 50-52 cents per liter.