Greece Unveils Consumer Aid as Energy Costs Surge on Iran Conflict
Athens— Greece will announce new financial support measures on Monday to shield consumers from rising energy costs linked to the Iran conflict, Prime Minister Kyriakos Mitsotakis is set to say, according to his office.
The planned aid comes as households face mounting pressure from higher fuel and electricity prices driven by geopolitical tensions affecting global energy markets.
Earlier this month, the government introduced a three-month cap on profit margins for fuel retailers and a range of supermarket goods in an effort to curb profiteering and contain inflationary pressures.
The measures target both energy-linked products and essential consumer items, reflecting concerns that supply disruptions tied to the conflict could feed through into broader price increases.
Greece, like many energy-importing economies, remains exposed to volatility in international fuel markets.
The government’s intervention signals an effort to balance market stability with consumer protection as the conflict’s economic impact deepens.Further details of the aid package were not immediately disclosed.
