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Reuters
Reuters
World

Greece to subsidise new fridges, air conditioners to cut energy bill

Greece will offer households subsidies to help them replace their old fridges and air conditioners and cut down on soaring power bills, the government said on Monday.

Like many other EU countries, Greece has been gripped by soaring energy costs, a trend which has been exacerbated following Russia's invasion of Ukraine and its cutting of gas flows to several countries in Europe.

Since last year, the country has taken several measures at a total cost of about 7 billion euro, including subsidies, to help households pay their electricity and pump fuel bills.

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