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Reuters
Reuters
Politics

Greece extends energy bill subsidies ahead of 'winter battle'

FILE PHOTO: Wind turbines are seen on a hill in front of a power station near the village of Macynia, Greece, March 17, 2021. REUTERS/Alkis Konstantinidis/File Photo

Greece will pay out a further 1.1 billion euros ($1.09 billion) in power bill subsidies in October to shield households and businesses from the impact of soaring energy prices ahead of winter, Energy Minister Kostas Skrekas said on Wednesday.

Like other European countries, Greece is grappling with a sharp rise in power bills in recent months, driven by rocketing gas prices that have been exacerbated by Russia's seven-month-old invasion of Ukraine.

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