Greece will increase next month by another 0.10 euros the diesel subsidy, so that the total discount reaches 0.15 euros per liter, Prime Minister Kyriakos Mitsotakis announced on Sunday, reports the Greek publication Kathimerini.

The 30 million euro measure is intended to ease costs for transport operators and companies while limiting inflationary pressures in the supply chain, Mitsotakis explained in a social media post.

The new subsidy is in addition to the current diesel discount of 0.05 euros per liter financed by Greek refineries. A separate discount of €0.10 per liter on the price of petrol also remains in place.

The measures come against the background of increasing uncertainties regarding the global energy markets, after the escalation of the conflict in the Middle East, the prime minister said, adding that the Government will continue to support households and companies “within the limits of the economy” against the impact of external shocks, according to Agerpres.

Greece announced in March that it would provide fuel and fertilizer subsidies, as well as discounts on ferry tickets, totaling 300 million euros, to counter the economic impact of the Iran war on consumers and farmers.

Farmers benefit from a 15% subsidy on purchased fertilizers to cushion the impact of the sudden increase in prices.

The ferry companies will receive a compensation from the Government which provides for a mandatory reduction in ticket prices, intended to keep them at last year’s level.

Greece is already facing a cost-of-living crisis that began during the pandemic and intensified after Russia invaded Ukraine in February 2022.