Mar 18 β€’ 13:35 UTC πŸ‡¬πŸ‡· Greece To Vima

New 'Exoikonomo' for 1.5 million households – Who it concerns

The Greek government has announced a new support program for 1.5 million vulnerable households, aimed at alleviating economic strains from the Middle East conflict.

The Greek government has introduced a new initiative called 'Exoikonomo' to assist 1.5 million vulnerable households facing financial hardship, largely as a response to economic strains caused by the ongoing conflict in the Middle East. With a budget allocation of 1.2 billion euros, the program aims to provide essential support to families, households with disabled members, and those experiencing energy and transport poverty, ensuring they can cover basic needs such as heating, cooling, and transportation costs.

This financial assistance will allow eligible households to engage in energy upgrades for their homes, utilizing a new, simplified model that encourages investment in energy-efficient solutions. These upgrades could include insulation, thermal veneers, shading systems, and replacement of outdated facilities. The government emphasizes the importance of making energy improvements accessible to those who need them most, reflective of broader aims to enhance sustainability and mitigate the effects of rising energy costs in Greece.

The introduction of income criteria is also planned to ensure targeted assistance to those most in need, thereby fostering a sense of solidarity among citizens during challenging times. As Greece seeks to navigate the complexities of economic recovery amid global uncertainties, initiatives like 'Exoikonomo' play a crucial role in addressing the needs of vulnerable populations while promoting energy resilience.

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