date:Dec 20, 2022
Greek leaders plan to subsidize 10% of monthly food costs for 85% of households and over eight million citizens from February to July next year with money coming from the oil industry. Greece will tax two oil refineries Helleniq Energy and Motor Oil to raise an estimated 650 million (US$691 million) to fund this initiative.
Food inflation in Greece has consistently increased month after month this 2022 until reaching 15% this November starting at 5.2% this January according to the National