According to the latest data published by the Commission, Greece has the 3rd most expensive unleaded in Europe with € 2,277 / liter, behind only Finland and Denmark. The European average is € 2.01 / liter.
of Chrysostomos Tsoufis
Another week was spent with Greece in the first places in fuel prices in Europe.
According to the latest data published by the Commission, our country has the 3rd most expensive unleaded in Europe with € 2,277 / liter, behind only Finland and Denmark. The European average is 2.01 € / liter, which is almost 28 minutes behind the price in Greece.
Of course in prefectures such as Etoloakarnania, Evritania, Heraklion, Corfu, Kefalonia, Lassithi, Lefkada, Rethymno, Samos, Fokida Dodecanese, Cyclades the average price has exceeded 2.34 € / liter.
Particularly worrying is the fact that despite the horizontal discount of 15 cents on diesel, the country continues to have the 8th most expensive price with 1.86 € / liter.
If the government decided to withdraw the subsidy tomorrow, then Greece would jump into the top 5 with the most expensive diesel prices along with 3 of the four Nordic countries (Finland – Sweden – Denmark) and Germany.
De-escalation on the horizon is not seen. OPEC’s decision to increase daily production was deemed insufficient by the markets and the price of black gold continued to rise.
In any case, the demand is increasing due to the summer in both the USA and Europe, and it will increase more as soon as China, which is coming out of quarantine, starts operating.
In this context, the current fuel expires on June 10 when the Fuel Pass platform closes. The subsidy will continue, however, but in a different form that is sought. The choice, however, may have a month horizon so that it can be re-evaluated and targeted at the most vulnerable households.
Horizontal tax cuts are ruled out as they are also costly and run counter to the recommendations of the Commission and other international organizations to support the weakest.