Compensation from additional electricity charges can reach up to 600 euros
The beneficiaries of the electricity subsidy are expected to see the amounts of money credited to their accounts very soon (Power Pass).
As the Minister of Finance stated in his televised interview on the OPEN channel Christos Staikouras, the compensations from the additional electricity charges which can reach up to 600 euros, will have been paid by July 15.
At the same time, the minister left open the possibility that there may be new interventions from Septemberin order to address accuracy.
He noted that the fiscal picture is positive and the first data show that a new fiscal space can be created.
As he characteristically pointed out, “we have found fiscal space and we are giving this “cushion” back to the citizens in fuel and energy subsidies. Now a new space is being created for the interventions that will take place from September”, he underlined.
At the same time, he noted that although no one knows the course of increases in natural gas and fuel, he estimates that they will remain at high levels, so the 6 billion euros more must be done.
What do the application stage designations mean?
SUBMISSION PENDING: the user has not pressed “submit request”.
I WAS REJECTED: the application has been rejected. If you navigate to the application page, you will see more information at the top (e.g. impossibility of cross-referencing the TIN as beneficiary/co-beneficiary to the declared IVAN). Rejected applications can be changed and resubmitted.
UNDER CONTROL: the application has been submitted and is in the process of checking the followers.
– if the TIN is a beneficiary / co-beneficiary in the declared IBAN.
– if the applicant has not exceeded one (1) application for himself and his/her spouse and has not exceeded three (3) for protected members.
UNDER CLEARANCE: for the applications that are in this state, the IVAN/TIN checks have been completed, and no additional actions are required from the citizen. After the completion of the Application Period (July 1, 2022) cross-checks will be performed with the account details provided by the providers, in order to make the settlement and calculate the subsidy amount.
TO BE SENT TO THE BANKING INSTITUTION: the refund amount (for payment, via DIAS) will be sent to the selected Financial Institution.
TO BE PROCESSED BY BANKING INSTITUTION: the order for the refund amount has been sent to the selected Financial Institution via DIAS and we are waiting for the bank to make the payment.
APPROVED: we have received a response from the selected Financial Institution that it has successfully executed the payment. The beneficiary can check his/her account.
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