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Tue, Oct

Fuel Prices Drop Until the End of August For Both Gas And Diesel

Fuel Prices Drop Until the End of August For Both Gas And Diesel

Hellenic Shipping News

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The government is stepping in to hold down fuel prices after reaching an agreement with the country’s refineries, which have set aside 40 million euros to absorb part of the cost increases.

According to the Government Spokesperson Pavlos Marinakis, the measure brings an immediate cut of 10 cents per liter on unleaded gasoline and 5 cents on diesel, in effect until the end of August. Marinakis described the situation on international markets as “unprecedented,” and said the government is monitoring developments for any further steps that may be needed.

What Prime Minister Mitsotakis said about the fuel price cut

“There is no doubt, ladies and gentlemen, that the recent rise in inflation is due almost entirely to the increase in energy prices, specifically the rise in crude oil prices, which also pulled up the prices of both gasoline and diesel. This government responded when the war broke out in Iran. We decided to cover part of the price of diesel at the pump, 20 cents at first and then 15 cents, along

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