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</a> </div> </div> </div> <div id="primary" class="content-area-single"> <main id="main" class="single-main" role="main"> <article id="post-40642" class="post-40642 post type-post status-publish format-standard has-post-thumbnail hentry category-oil tag-credit-rating-agency tag-energy-crisis tag-gasoline tag-heating-fuel-subsidies tag-subsidies"> <header class="entry-header"> <h1 class="entry-title">Heating fuel, gasoline subsidies to go, focus on credit rating</h1>   </header> <div class="entry-content"> <p>Generous and widespread energy-crisis support measures previously offered by the government to consumers in the form of subsidies for gasoline and heating fuel appear unlikely to be repeated as all moves now being made by the administration and its economic team are wary of the next round of assessments to be delivered by credit rating agencies on the Greek economy come September.</p> <p>Prime Minister Kyriakos Mitsotakis will be very well aware of this prospect when he launches September’s Thessaloniki International Trade Fair with a keynote speech at the event’s opening.</p> <p>No matter how much gasoline prices may rise, subsidies should not be expected. “We have exhausted our limits. We are awaiting the investment rating,” Deputy Minister of Development and Investment Nikos Papathanasis noted yesterday, making as clear as possible that widespread support measures are a thing of the past.</p> <p>The same goes for heating fuel allowances. Last winter, a relatively mild one, they totaled 300 million euros and reached 1.3 million households. The government’s economic team is now examining the prospect of toughening up criteria for this support measure. The range of beneficiaries and heating allowance amount to be offered will depend on the fiscal leeway available in the autumn.</p> <p>Standard & Poor’s credit rating for Greece stands at BB+ with positive outlook. Moody’s credit rating for Greece was last set at Ba3 with positive outlook. Fitch’s credit rating for Greece was last reported at BB+ with stable outlook. DBRS’s credit rating for Greece is BB (high).</p> </div> <footer class="entry-footer"> </footer> </article> <div class="fb-tw-share"> <div class="share-single"> <div class="fb-share-button" data-type="button"></div> </div> <div class="tw-single"> <a href="https://twitter.com/share" class="twitter-share-button" data-via="energypresseu" data-related="energypress_gr" data-count="none">Tweet</a> <script>!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?'http':'https';if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+'://platform.twitter.com/widgets.js';fjs.parentNode.insertBefore(js,fjs);}}(document, 'script', 'twitter-wjs');</script> </div> </div> <div class="fb-single"> <div class="like-single"> <div class="fb-like" data-layout="button" data-action="like" data-show-faces="false" data-share="false"></div> </div> <div class="send-single"> <div class="fb-send" data-colorscheme="light"></div> </div> </div> </main> </div> <div id="secondary-singleads" class="sidebar-singleads" role="complementary">  <div class="a-single a-6"><script async='async' src='https://www.googletagservices.com/tag/js/gpt.js'></script> <script> var googletag = googletag || {}; googletag.cmd = googletag.cmd || []; </script> <script> googletag.cmd.push(function() { googletag.defineSlot('/11442637/EU_Renewables_300_250_right_1', [300, 250], 'div-gpt-ad-1518775488750-0').addService(googletag.pubads()); googletag.pubads().enableSingleRequest(); googletag.enableServices(); }); </script>  <div id='div-gpt-ad-1518775488750-0' style='height:250px; width:300px;'> <script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1518775488750-0'); }); </script> </div></div> <div class="ads-clear"> </div>  <div class="a-single a-7"><script async='async' src='https://www.googletagservices.com/tag/js/gpt.js'></script> <script> var googletag = googletag || {}; googletag.cmd = googletag.cmd || []; </script> <script> googletag.cmd.push(function() { googletag.defineSlot('/11442637/EU_Renewables_300_250_right_2', [300, 250], 'div-gpt-ad-1518775519889-0').addService(googletag.pubads()); googletag.pubads().enableSingleRequest(); googletag.enableServices(); }); </script>  <div id='div-gpt-ad-1518775519889-0' style='height:250px; width:300px;'> <script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1518775519889-0'); }); </script> </div></div> </div> </div> <footer id="colophon" class="site-footer" role="contentinfo"> <div class="back-to-top"> </div> <div class="footer-info"> <div class="footer-logo"> <a href="https://energypress.eu/" rel="home"><img width="275" height="53" src="https://energypress.eu/wp-content/uploads/2014/06/logo-white.png" class="attachment-full size-full" alt="" decoding="async" loading="lazy" /></a> </div> <div class="footer-right"> <div class="footer-links"> <a href="https://energypress.eu/editing-team/">The editing team</a> | <a href="https://energypress.eu/contact/">Contact us</a> </div> <div class="footer-search"> <form class="search-form" action="https://energypress.eu/" method="get" role="search"> <input class="search-field" type="search" title="Search for:" name="s" value="" placeholder="Search …"> <input class="search-submit" type="submit" value="Search"> </form> </div> </div> </div> <div class="site-info"> <div class="copyright">© 2014 ENERGYPRESS. 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