EU sees June halt to energy aid

Brussels has signaled the end of the emergency measures to deal with the energy crisis, overturning the regime of the unilateral extension secured by the previous government regarding the ceiling on the wholesale market and subsidies on electricity bills until September.

In the evaluation report on the emergency measures the European Commission published yesterday, taking into account the new conditions created by the de-escalation of prices in the market, Brussels considers there is no reason for their extension, which in the case of Greece means that they should not continue beyond June, when their approval period expires. 

Shortly before the end of his term, then Environment and Energy Minister Kostas Skrekas extended both the mechanism for reclaiming surpluses from the wholesale market and the suspension of the adjustment clause and subsidies until the end of...

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