19 Dec 2022 --- Greek leaders plan to subsidize 10% of monthly food costs for 85% of households and over eight million citizens from February to July next year with money coming from the oil industry. Greece will tax two oil refineries – Helleniq Energy and Motor Oil – to raise an estimated €650 million (US$691 million) to fund this initiative.Food inflation in Greece has consistently increased month after month this 2022 until reaching 15% this November – starting at 5.2% this January – according to the National Statistical Service of Greece.
