Industrial enterprises in Greece are facing a critical situation as they await disbursement of over 400 million euros in payments to support their competitiveness. The threat of suspending ETMEAR payments is being considered as a last resort to pressure the government, with a decision expected in September.
The industry is feeling the strain of high electricity prices and the lack of support compared to other European countries. Bulgaria, for example, has already taken measures to compensate businesses for the increased costs. In Greece, energy-intensive industries are left to bear the burden of high wholesale prices without the same level of assistance.
This disparity is creating economic challenges for Greek businesses, further widening the gap between them and their European competitors. Industry representatives are warning of a “hot” fall in their reactions if the situation does not improve soon.