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Rising Electricity Debt and Economic Relief Measures in Greece

In Greece, overdue electricity debts from consumers who switched providers have reached €1.43 billion, according to the Energy Regulatory Authority. Additionally, the government is expected to submit its fifth recovery fund payment request of €3.1 billion soon, while a new housing program aimed at younger demographics is set to launch in January 2025. With the holiday season approaching, Greek consumers are tightening budgets, seeking economical products, and planning to spend conservatively on gifts amid increased financial pressures.

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