Despite 370 million euros in subsidies, gas and diesel prices remain above 2 euros, while electricity has jumped 20 percent. With the extra bill nearing 1 billion euros, taxes of up to 56 percent on fuel expose the limits of government policy
With the national average for unleaded gasoline already above €2 per liter, fuel retailers warn that prices could climb further if crude oil reaches $100 a barrel
A new assessment estimates the conflict in the Persian Gulf has already cost Greece the equivalent of 0.9% of GDP, with higher energy prices, inflation, transportation costs and slower economic growth weighing on households, businesses and public finances
Rising fuel and energy costs are putting additional pressure on household budgets in Greece, with industry representatives warning that electricity bills are expected to increase in August
Government spokesman Pavlos Marinakis says fuel support will continue as long as fiscal room allows, with power prices below the EU average
The government unveiled temporary fuel support, supermarket price reductions and new investment funding, while warning that prolonged wars in the Middle East and Ukraine could drive higher inflation this winter
Greece's government struck a deal with refineries to cut unleaded and diesel prices by 10 and 5 cents per liter until the end of August
Rising global energy prices are pushing petrol, diesel and natural gas costs higher in Greece, with fuel exceeding €2 per litre in several regions despite efforts to curb increases.
Eligible recipients in Greece have until the end of July to use the balance on their Fuel Pass digital card. Any unused funds will be returned to the state once the deadline passes.
Discounts on gasoline and diesel have begun at Greek fuel stations after refiners lowered wholesale prices, with the government saying the move aims to ease pressure from rising global energy risks.
Mitsotakis announced a fuel price cut of 10 cents a liter on gasoline and 5 cents on diesel through August, funded with help from Greece's two refineries, plus a restored cap on supermarket profit margins
The PM signaled fuel price relief at this week's cabinet meeting and announced a two-month price freeze agreement with retailers and producers
Government spokesperson Pavlos Marinakis said falling oil costs should quickly be reflected at fuel pumps, while outlining measures on consumer protection, inflation and economic policy
Wholesale price cuts are slowly reaching the pump in Greece, but island regions like the Cyclades and Dodecanese remain among the most expensive in the country
Fuel prices in Greece reveal a growing regional divide, with island destinations recording the highest costs while select mainland areas remain just under or around the €2 mark per liter.
Rising travel and fuel costs continue to pressure households, prompting plans to extend subsidies like the Fuel Pass and introduce additional support measures
A brief ceasefire initially boosted bookings for Greece, but renewed geopolitical uncertainty in the Middle East has disrupted momentum, leaving the tourism sector balancing cautious optimism with concerns over rising travel costs and demand volatility
New group of beneficiaries can apply, but technical issues and verification delays push thousands to in-person service centers as demand surges.
A surge in demand has forced authorities to stagger applications by tax ID digits, while the platform remains offline amid efforts to prevent further technical issues.
Regional disparities persist, with the Cyclades once again recording the highest prices in the country, where regular unleaded reached 2.173 euros per liter.