Inflation in Greece is approaching 1993 levels, when the consumer price index rose by 12%, according to the latest official report. ELSTAT, which places the May CPI at 11.3%. Recall that in 1994 inflation was at the level of 10.7%. ECB: downgraded growth forecasts – sees further rise in inflation It is reported that the […]
Tag: fuel prices
Greece: gasoline up to 3 euros per liter?
The country’s market immediately reacted to the seizure of 2 Greek tankers by Iran, as a result of which the prices for 95th gasoline rose by almost 10% on Sunday and reached 2.38 euros in Athens, and on the islands to a shocking 2.5 euros per liter. Fuel traders predict further growth during the week, […]
Greece: sharp rise in car fuel prices
Shocking for millions of Greek consumers was the news that from tomorrow at gas stations the average price of unleaded gasoline will rise above 2.12 euros per liter. Acceptance for consideration in the European Commission 6th sanctions package against Russiaaccording to which sanctions will be imposed on the supply of crude oil, led to a […]
The Greek government will announce a new package of measures to support the population
The Greek government is preparing a package of measures to support households and businesses affected by high energy prices. It is expected to be announced on Wednesday or Thursday. The package will consist of three main items, government spokesman Giannis Ikonomou told ANT1 TV channel earlier Tuesday. First, electricity and gas support will continue, the […]
SYRIZA deputies re-submit an amendment to reduce the excise tax on fuel
An amendment to reduce the excise tax on fuel was resubmitted by a parliamentary group of the main opposition party SYRIZA. According to the MPs who signed the application in the explanatory note to the amendment introduced to the bill of the Ministry of Finance, “the reduction concerns basic consumer goods such as gas, gasoline […]
Explosion in fuel prices: which categories of vehicles have been hit the hardest
Drivers of petrol vehicles and especially owners of models larger than 1400-1600 cc were most affected, forcing them to restrict travel. From February 1, 2021 to February 1, 2022, the average price of 95 octane unleaded petrol in Greece increased from EUR 1.49 to EUR 1.83 (+23%), and for diesel fuel from EUR 1.23 to […]
Prices are rising but there will be no reduction in fuel taxes
The Greek government may consider a plan to provide natural gas subsidies in response to soaring energy costs and, in particular, natural gas prices. This was stated by the Minister of Finance of Greece Christos Staikuras on the air of SKAI on September 29. He also noted that the government does not plan to reduce […]