Greece unveils fuel and heating subsidies: €1,560 allowance, up to 40c/liter cut

The Greek government announced measures to lower fuel and heating costs, including a €1,560 allowance and reductions of up to 40 cents per liter, delivered directly to consumers via lower retail prices. This is a domestic policy response to high energy prices, likely aimed at easing household burden ahead of winter. The effectiveness and fiscal cost remain uncertain, and the impact on broader markets is limited.