Greece's Ministry of National Economy and Finance says a new fuel pass remains under review and outlines EUR 830 million in targeted support

In an interview published by Greece's Ministry of National Economy and Finance, Minister Kyriakos Pierrakakis said the government has not ruled out a new fuel pass and is calibrating any further fuel support to market conditions and fiscal capacity. He said the existing diesel subsidy is currently the only horizontal fuel measure because diesel costs pass through more quickly to inflation, while broader household support is being delivered mainly through targeted measures worth about EUR 830 million. The measures he cited include expanded rent support covering 86% of tenants, a wider eligibility perimeter for the EUR 300 payment to pensioners, and a temporary EUR 150 payment for 80% of families, which is intended to be paid in June. Any further move on petrol support will depend on how fuel prices develop. Pierrakakis added that oil prices could fall if the Strait of Hormuz reopens, but not quickly enough to expect a rapid return to earlier lower levels. On the autumn package, he said the economic team is still shaping the content of the measures to be announced at the Thessaloniki International Fair. Under the current EU fiscal framework, the government is discussing the amount of fiscal space available with the European Commission, but he said the room for the September package has not been reduced and the outline will become clearer closer to the Prime Minister's September announcements.