EUROSTAT: Greece Ranks 2nd as Eurozone’s Most Expensive Country for Fuel

Eurostat‘s latest report indicates that the average price of unleaded gasoline in Greece last week stood at 1.934 euros, compared to the European average of 1.759 euros. This places Greece as the second highest-priced country in the Eurozone for gasoline.

These hikes in fuel prices have not only caused headaches for drivers but also affect fuel station owners, as consumers in Northern Greece prefer to purchase cheaper gasoline from Bulgaria and Turkey.

Nikos Papageorgiou, President of fuel traders in the broader Athens region, spoke about the trajectory of fuel prices on MEGA TV, today, initially stating that “Taxes are the main factor contributing to the price burden, resulting in the final gasoline price at Greek gas stations being higher than the European average.”

Furthermore, he added that, in Slovakia, the price of gasoline is at 1.69 euros, while the prices in Austria are at 1.54 euros for diesel, Bulgaria at 1.37, and the Czech Republic at 1.55 euros.

Finally, Papageorgiou estimated that as Easter approaches, the price of gasoline is expected to rise further and break the 2 euro barrier at most gas station displays.

Source: tovima.com