Tag Archives: fuel

FUEL PASS 2: Greece’s government announced on Tuesday that it extends the fuel subsidy to motorists for another three months. i.e. for July, August and September 2022. It the same time, it increased the amount for car owners to 80 euros in the mainland and 100 euros on the islands …

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Finance Minister Christos Staikouras ruled out cuts on the special consumption tax on fuel, as prices reached new records this week, Greeks struggle to fill their vehicle tank and the domino effect of the hikes affects every sector of the economy. “Greece will have a primary deficit this year, as …

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Fuel prices have turned into a nightmare for motorists as it climbed to €2.267 on Sunday and reached €2.50 and shocking €2.70 on the Greek islands. Fuel traders forecast more increases during the week, fearing it will strike 2.50 euros and even 3 euros per liter. Nikos Papageorgiou, President of …

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The online platform where people can apply to receive the subsidy for fuel, which will range between 40-55 euros, is to open on the Tuesday after Easter, on April 26. Applications will initially be staggered based on the tax identification number (AFM), opening on April 26 for tax IDs ending …

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Finance Minister Christos Staikouras announced the details of the four new support measures to households and businesses. The 3-month package with a total cost of 1.1 billion euros for some 3,200,000 includes a one-off allowance of 200 euros, subsidy for fuel and electricity bills. The package aims to strengthen mainly …

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Fuel prices climbed over 2 euros per liter on Tuesday as desperate Greeks incl those belonging to the middle-class hold their breath before opening the electricity or natural gas bills. Despite some price de-escalation in the electricity wholesale market the price remain exorbitantly high for the average consumer. Significant de-escalation …

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With 5.5% in the European Union harmonized index, inflation in Greece can break a record after 11 years, the Eurostat announced on Wednesday, predicting a further rise in the weeks to come and the wave of price hikes is growing without stop. The Eurostat predicts that inflation will reach 5.5% …

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Prices on supermarket shelves and fuel are rising rapidly during the pandemic and basic products will be even more expensive in the near future. Prices are expected to increase further in the next period due to the rise not only of raw materials internationally but also the price of transportation …

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Oil prices remained stable on Tuesday, despite increases in world market and refinery prices. According to the Greek Development Ministry, the average price of unleaded petrol was at 1.592 euros per liter, compared with 1.589 euros on Monday. However, petrol stations in Thessaloniki announced price increases in fuel as of …

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Unleaded gasoline has reached 2 euros per liter in some regions of Greece in the last few days, while it has been particularly expensive also in large urban areas. In the island group of Cyclades, the average price of unleaded is already at 1.86 euros per liter, while on some …

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More than two thousand tones of fuel were poured into the sea when a tanker sank off the island of Salamis in the west of the Argo-Saronic Gulf on Sunday. An unprecedented ecological disaster with huge impact on the environment, the wildlife and the local economy. Tanker Agia Zoni II …

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The First day of the New Year was kind of relaxed, the majority of the Greek households spent it with family and friends around a festive lunch table. On Monday, January 2nd… here comes the soberness: Unjust hikes in fuel, cigarettes, coffee, landlines and internet. Unjust because the hikes in …

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Despite the EU sanctions, Russian tankers have alleged smuggled jet fuel to Syria through EU waters and thus through Cypriot and Greek ports. According to an exclusive Reuters report based on anonymous intelligence sources, “at least two Russian-flagged ships made deliveries – which contravene EU sanctions – via Cyprus,”  while …

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Greece, debt-ridden and recession-hit Greece, is one of the EU countries with highest taxes on unleaded fuel. This will change and thus upwards, as the government plans too impose a special consumption tax on fuel in order to avoid hikes in the road taxes. According to latest information issued by …

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The gap between theory and practice… That’s the main problem of institutional technocrats seeking solutions to countries where real people live in. They just don’t get it. that their theoretical approach is good on academic level but a failure in real life. A fact that is being confirmed again and …

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New brand gas can especially designed for Greeks only! With the price for gasoline at €1,70 per liter and the price for heating oil at €1,60 per liter, one gaz can can cost as much as a Louis Bitton bag. Louis Bitton – Greek “bitoni” for “gas can”. …from Greek internet

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 The aircraft that carried prime minister Antonis Samaras to Berlin beginning of the week was almost forced to remain landed at the airport due to a fuel debt of 5,000 euro. The unexpected incident occurred during the fueling process for the return trip to Greece. According to daily Eleftherotypia, “the supplier company …

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Greek government imposed a price cap on vehicles fuel of all kind in order to prevent price fixing and manipulation due to the customs officers strike. the price cap will be valid as of  midnight Friday/Saturday, October 14/15th 2011. According to Greek media, the price cap will be different across …

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Greek government will impose a price cap for fuel in 13 prefectures across the country. These are Cyclades, Kefallonia, Grevena, Evros, Eyritania, Fokida, Dodecanese, Lasithi, Rethymno, Samos, Chios, Corfu and Lesvos. The price cap will be implemented as of tomorrow and it will be different for every prefecture. For example: …

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The Maltese government last Wednesday (March 23/11) intervened to stop a Libya-bound Malta flagged vessel laden with fuel ordered by the Gaddafi regime , The Sunday Times has learnt. The MV Breeze, a Greek managed tanker, was contacted and stopped by the Maltese authorities on route to the Libyan port …

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