Power bill support quandary

The state’s permanent electricity subsidy mechanism is being launched under particularly difficult circumstances, as the Finance Ministry will need to allocate more than 650 million euros for just one month to keep down the power costs of some 5 million households and 1 million professionals in July.

PM references rivals at home and Turkey

The European Union has an obligation to “prevent any kind of precedent that can be mimicked by prospective troublemakers down the line,” Prime Minister Kyriakos Mitsotakis told lawmakers in the European Parliament in Strasbourg on Tuesday, in comments during a speech addressing the war in Ukraine but seen also as a tacit reference to Turkey.