Chatzidakis: Interventions are coming for the energy costs of industry
The Greek government is set to announce interventions aimed at reducing the energy costs for the industrial sector, as stated by Deputy Prime Minister Kostis Chatzidakis.
In a recent announcement at the Eurobank and Grant Thornton's Growth Awards 2026 event, Deputy Prime Minister Kostis Chatzidakis revealed that the Greek government will be introducing measures to address the energy costs faced by the industrial sector. These measures aim to enhance the competitiveness of Greek industries, which have been struggling with high energy expenses. Chatzidakis emphasized that the government has been in extensive negotiations with the European Commission regarding these interventions, highlighting the complexity and duration of the discussions.
In addition to addressing energy costs, Chatzidakis also discussed the upcoming Special Spatial Framework for Tourism, set to be finalized in the spring and expected to play a significant role in investments within Greece's tourism sector. Furthermore, he noted that the frameworks for Renewable Energy Sources (RES) are progressing, with a public consultation potentially taking place as early as March, indicating a proactive approach by the government in fostering both tourism and renewable energy development.
The focus on energy costs in industry is particularly timely, given the ongoing economic challenges faced by many sectors in Greece. By consulting publicly on spatial plans for renewable energy and industry, the government aims to create a more competitive environment for businesses, ultimately supporting the broader economy. These developments reflect a push towards sustainability and investment in the industrial and tourism sectors, vital for Greece's recovery and growth in the post-pandemic landscape.