At the forefront is the government’s intervention to support households and businesses on the front of their growth. Yesterday (17.11. 24) Prime Minister Kyriakos Mitsotakis, in his Sunday message from social media, said that “there is no way that we will let the excessive increases in wholesale electricity prices that have been observed again in the last few days in southeastern Europe due to failures of the Single Energy Market pass to the consumer.” He recalled that “on the initiative of Greece, which was supported by Romania and Bulgaria, the problem of these unacceptable malfunctions, which are mainly due to the lack of links between Central Europe and Southeast Europe, was formally raised to the President of the European Commission. I know that it is not easy to make the necessary institutional interventions quickly, but a permanent mechanism is needed that will not allow excess revenue to be paid to consumers and businesses. Next Friday (22.11.24) a delegation from the European Commission will come to Athens to discuss the matter, which I also highlighted at the Baku Climate Conference.” According to . The first and most likely scenario, according to secure information from newsit.gr, provides for the exceptional direct subsidy to the electricity bills (without taxation to electricity suppliers). The second scenario of imposing a ceiling at its height of electricity price. The third and least likely scenario provides for the exceptional taxation of suppliers’ profits with a view to subsidising electricity bills. The fourth scenario, which “plays” but is highly difficult to implement next month – as it depends on procedures at European level, is the formation of a permanent European intervention mechanism to halt sharp fluctuations in the course of the price of electricity.
Electrical current: To the point of intervention in household and business tariffs
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