Greece's Ministry of National Economy and Finance published an interview in Le Point with Minister Kyriakos Pierrakakis, also President of the Eurogroup, outlining the government’s assessment that Greece is positioned to absorb potential spillovers from the war in the Middle East and setting out targeted measures to cushion higher energy costs. From April 2026, Greece is implementing a EUR 300 million support plan that includes a EUR 0.16 per litre subsidy on diesel (EUR 0.20 including VAT), a digital fuel card for consumers, and a 15% subsidy on fertiliser costs for farmers. The interview links the approach to the European “toolbox” developed during the 2022 energy crisis, with a focus on supporting vulnerable households and maintaining market stability, alongside claims of improved fiscal and financial-sector resilience referenced to the latest International Monetary Fund Article IV report. Pierrakakis also pointed to a primary surplus, a forecast 2.4% growth rate in 2026, and debt projected to fall below 120% of GDP by the end of the decade, alongside reforms including the abolition of 83 taxes and contributions over six and a half years and the digitisation of more than 2,000 public services. Any additional measures, if needed, would be targeted to support households and businesses.
Ministry of National Economy and Finance (Greece) 2026-04-06
Greece's Ministry of National Economy and Finance details EUR 300 million energy-cost support package in Le Point interview
Greece’s Ministry of National Economy and Finance outlined measures to cushion potential spillovers from the war in the Middle East, including a EUR 300 million support plan with a EUR 0.16 per litre diesel subsidy (EUR 0.20 including VAT), a digital fuel card, and a 15% fertiliser subsidy for farmers. Minister Kyriakos Pierrakakis linked the measures to the European “toolbox” used in the 2022 energy crisis and highlighted improved fiscal resilience, including a primary surplus, projected 2.4% growth in 2026, and debt expected to fall below 120% of GDP by the end of the decade, adding that any further interventions would be targeted at households and businesses.