The Temporary Energy Emergency Fund has received nearly 27,000 applications since it was launched three weeks ago, and there are probably many more who qualify. This was confirmed by the fund spokesperson following the announcement from AD. 3800 of these applications were rejected.
The fund is aimed at people with low incomes and high electricity bills. It is designed to prevent them from going into debt due to their energy bills. Hundreds of thousands of households are likely eligible.
It is not clear why the number of applications still lags behind. But there have been complaints about the application process for a while: it’s said to be too complicated. For example, a relatively new mobile phone that can run the application you can use is required. A “computer version” will be online early next week.
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It was decided to keep the counter open one month longer than planned, that is, until April 30th. According to the fund’s spokesperson, the goal is to “give people peace of mind and space to use the computer version.”
According to him, 163,000 people have checked the emergency fund in recent weeks to find out if they are eligible for help.
It is not clear how many people are eligible for financial aid. According to the spokesperson, the foundation of the fund was based on an account of the Central Planning Department, which predicted that between 420,000 and 500,000 households might have insolvency.
At NOS’s request, research organization ABF Research calculated that around 300,000 households could claim money from the fund. If they all do this, more than 100 million euros will be needed. That’s much more than the 49 million in the fund.
Source: NOS
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
