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Tag Archives: fuel

Nightmare for motorists: Fuel prices reach new high; more increases

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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Support measures: Subsidies with the dropper against soaring prices

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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January Inflation in Greece at 5.5% warns the Eurostat

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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Rapid price increases in Greece’s supermarkets and fuel

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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Greek fuel operators insist on gasoline hikes due to Saudi crisis

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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Fuel prices skyrocket, on some Greek islands reach €2 per liter

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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Huge ecological disaster after tanker sinks off Salamis island in Saronic Gulf

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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Greece has 86% more taxes on fuel than allowed by EU

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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Fuel prices in Greece inspire to “Louis Bitton” gas can

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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Samaras VIP aircraft almost stuck in Berlin due to outstanding fuel debt

 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 Govt Imposes Price Cap on Fuel Due to Customs Strike

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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Price Cap in Fuel for 13 Prefectures – SMS service for cheap fuel in Athens

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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Malta stops Greek managed Tanker going to Libya

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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