Economy

Heating oil: The allowance amendment was submitted to the Parliament

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The amount of the subsidy, which amounts to twenty cents (0.20) of the euro per liter, is calculated once on the value of the sales invoices before VAT

The amendment concerning the allowance for heating oil was submitted to the Parliament.

As the regulation states, the amount of the subsidy, which amounts to twenty cents (0.20) of the euro per liter, is calculated once on the value of the sales invoices before VAT, issued by the refineries, license holders trading of petroleum products of category A, who import heating oil and the license holders of heating oil sellers who carry out imports, as beneficiaries of the subsidy.

Also, it is provided that the final total amount of the subsidy is calculated on the total liters of fuel available, in accordance with what is defined in Law 3054/2002 (A’ 230), in the internal market by the above beneficiaries of the subsidy to petrol stations, heating oil sellers and end consumers, residential consumers, industrial and commercial customers.

For the heating oil subsidy, the Ministry of Finance has estimated funds of 250 million euros, with the initial plan providing for intervention in the price until the end of the year, with the possibility of extension or adjustment depending on international developments.

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