Mitsotakis: heating oil below 1.75 euros

Measures for heating oil were announced by Prime Minister Kyriakos Mitsotakis on Sunday, 20 September 2026, according to TA NEA. The aim, as the source states, is to keep the price of heating oil below 1.75 euros per litre during the current winter season, a commitment the prime minister presented as part of broader government planning to address the cost of heating ahead of winter. The announcement, according to TA NEA, was made publicly on Sunday, before the start of the heating period, so consumers and farmers could have advance notice.

According to TA NEA, the prime minister also announced a horizontal increase in the heating allowance, a measure affecting all eligible recipients of the benefit without distinction of income categories, as stated in the announcement. In parallel, as TA NEA reports, the subsidy for agricultural diesel is extended and will remain in force throughout October 2026, a measure affecting farmers and the use of fuel in agricultural production during that period of the year. Both measures, according to TA NEA, were announced by the prime minister in the same intervention framework, as part of a broader support package before entering winter.

These measures, as presented by TA NEA, are part of government planning ahead of the winter season, aimed at limiting heating costs for households and supporting the agricultural sector through the extension of diesel subsidy. The publication does not report total fiscal cost or number of beneficiaries of the measures, and does not include statements from the prime minister in direct speech beyond describing the content of the announcement. TA NEA presents these three measures — price cap, heating allowance increase, and diesel subsidy extension — as a unified package announced the same day, without further analysis of how the package will be funded or its implementation timeline.

Implementation of the measures is expected to proceed based on the plan presented by the prime minister, without TA NEA providing further details on the exact mechanism for the horizontal increase in the heating allowance or how the 1.75 euros per litre price will be monitored. The announcement of Sunday, 20 September 2026 concerns all heating oil consumers and beneficiaries of diesel subsidy in agricultural production, according to the TA NEA report, which remains the sole available source for the content of the announcement. Households and farmers are expected to be informed of implementation details as the start of the winter period approaches. For more economic news, see the Economy section.