February 2, 2023

Athens News

News in English from Greece

Greece ranks third in the most expensive petrol in the EU

Greek consumers pay for one of the most expensive petrols in Europe, according to data released by the EC. At the same time, we, accordingly, pay a fairly high price for diesel fuel, being in 6th place in terms of the consolidated indicator.

Fuel prices in Greece, especially in terms of the cost of petrol and diesel fuel, are among the highest in Europe, while fuel oil prices, on the contrary, are among the lowest, as there is still a state budget for it. grant.

In particular, Greece ranks 16th in the price of heating oil, although the data included in the commission’s current weekly fuel report is from last Monday, 2 January, so it does not reflect the impact of the change in government subsidy (from 0.25 euro cents to liter to 0.15 euros per liter), as well as the abolition of discounts.

As noted in the relevant report of the commission, in many European countries excises, VAT or other indirect taxes have increased since the beginning of the year. For example, Luxembourg, Poland and Sweden increased VAT and excises. Italy and Portugal raised excises. Austria and Latvia increased other indirect taxes.

At the same time, it is reported that fuel oil prices have risen due to cold weather, which, as it is characteristically emphasized, is “finally coming.” Thus, for unleaded gasoline with an octane rating of 95, the price in Greece, including taxes, is 1846 euros per liter and is the 3rd largest in EU. The countries with the most expensive gasoline are Denmark with a price of 1938 euros per liter and Finland with 1910 euros per liter.

The cheapest countries are Bulgaria (1233 euros), Slovenia (1266 euros) and Romania (1287 euros).

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