Fuel prices in Greece are continuing to rise, prompting increased inspections
Fuel prices in Greece are continuing to rise, prompting increased inspections at gas stations as authorities seek to prevent excessive profit margins and protect consumers.
According to the latest data from the Fuel Price Observatory, the average price of 95-octane gasoline reached €1.94 per liter on March 17, reflecting a steady upward trend in recent days.
Other fuel prices have also climbed. Diesel now averages €1.916 per liter, 100-octane gasoline stands at €2.131 per liter, while heating oil is priced at €1.49 per liter. The price of autogas (LPG) remains lower, averaging €1.234 per liter.
Government caps spark industry backlash
The rising costs come amid growing tensions between the government and fuel station owners following the reintroduction of a profit margin cap on fuel sales.
The measure was introduced partly in response to geopolitical tensions and the war in Iran, which have increased volatility in global energy markets.
Fuel retailers argue that the policy is pushing the industry toward a financial crisis. The government has set the maximum gross margin at 12 cents per liter, but since the figure includes value-added tax (VAT), gas station owners say their actual profit is reduced to about 9.5 cents
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