Government allocates 24.6m euros for confrontation if electricity is expensive

Government allocates 24.6m euros for confrontation if electricity is expensive

The Kosovo government has approved today the decision to allocate 24.6m euros for the possible electricity price upgrade, Express reports. According to the Prime Minister's Office's announcement, this money will also be used for the measure of 3.7 economic revival. The decision to divide twenty-four million and six hundred thousand [...]

According to the Prime Minister's Office's announcement, this money will also be used for the measure of 3.7 economic revival.

The decision to divide twenty-four million and six hundred thousand euros (24.6m euros) for the face of possible electricity price upgrade and 3.7th share of the economic revival” is said in the report.

The decision to extend emergency energy supplies is also approved at this meeting.

The decision for Emergency Measures on Energy Supply has been adopted due to the global energy crisis. Radid increase in energy import price and warning of the ban on fossil exports from some European states will affect further import price growth. Given the planned repairs on our thermal power plants, some of the generation capacities are out of place, so the Government sees the approval of Emergency Measures in Energy Supply necessary. The measures will be in force for 60 days from the date of entry into force, with the possibility that the Parliament of the Republic of Kosovo will extend their deadlines in periods of 30 days, to a maximum of 180 extra days”, the announcement said.

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