Fuel price reductions came into effect across Greece on Tuesday, with lower gasoline and diesel prices beginning to reach consumers at filling stations.

The announcement was confirmed by Deputy Prime Minister Kostis Hatzidakis, who said the measures, announced by Prime Minister Kyriakos Mitsotakis last week, are now being implemented.

According to Hatzidakis, the country’s two refineries have reduced their wholesale selling prices by €0.10 per liter for regular unleaded gasoline and €0.05 per liter for diesel, with the reductions applying to sales made to fuel distribution companies.

He said the two refineries had each contributed €20 million as part of their commercial policy to support lower fuel prices.

“The two refineries made an offer of €20 million each, and we asked them to use it to reduce the prices of regular unleaded gasoline and diesel,” Hatzidakis said.

He added that the intervention was made before market conditions deteriorated further due to “concerning developments” in the Gulf region and damage to refineries there, as well as in Russia.

During the same interview, Hatzidakis also commented on Greece’s political landscape, criticizing opposition parties for what he described as a climate of hostility and political infighting.

He reiterated the government’s position in favor of single-party rule, arguing that it is a “realistic” approach that helps ensure political stability and effective governance, warning that alternative scenarios could lead to instability.