The Deputy Minister of Finances Christos Staikouras announced today that the State Treasury has approved a 51.5 million euro fund packaged to cover the increased heating oil needs of hospitals and schools.
Mr. Staikouras further explained that 37.5 million euros were used in advance payments for the heating benefit, 10 million euros were given the Ministry of Health for ESY hospitals and 4 million euros was given to the Ministry of Interior for the heating purposes of schools.
The Deputy Minister has explained how the reduction of taxation on heating oil will not only help increase consumption, but it will also address the heating problem affecting thousands of households. Mr. Staikouras also noted that Greece intends to renegotiate the tax reduction with the troika.
