Price of gas/petrol in Greece – Photo from Greece: Instructions for Use
Planning to rent a car in Greece, or are you a resident addicted to your car? Gas/petrol prices vary greatly throughout the country depending on the neighborhood, brand and gas station owner, with Greek islands always higher.
The average price of unleaded gas/petrol in Greece hit a record €1.849/liter or $9.15/gallon on April 10, 2012, though prices reach €2.05/liter or $10.15/gallon in many areas. Greece, Germany, France, Italy, Spain and the UK were all at record-high retail prices as of April 2012.
Greece charges 57.67 percent tax on fuel as of 2013 — the second highest rate in the EU behind Sweden — and the price of fuel in Greece is the sixth highest in the world, according to a 2013 Bloomberg survey.
The price of petrol in Greece has skyrocketed since consecutive fuel tax and value-added tax (VAT) increases were imposed February, March and July of 2010 and January 2011 to raise money for the debt-stricken economy, and the government demanded mandatory issue of receipts on April 1, 2010 to crack down on tax evasion.
Demand has fallen as households cut back, but price fixing and price gouging remain common practices.
Finding the cheapest gas prices
Cosmote, Vodafone, Upstream and Wind mobile/cell phone users with Android can get cheapest price of fuel in Athens by sending a free sms with their location to ‘54151‘ and Thessaloniki from September 19, 2011.
Drivers on Attiki Odos can also see the price of gas at the next three stations displayed on electronic billboards.
The service began in April 2011 and is available across the mainland and Greek islands as of October 2011.
Some gas station owners install electronic boxes on their pumps, which can be controlled remotely to slow the flow of gas while the price remains stable. This results in the customer being charged slightly more per liter. It is illegal and subject to fines of at least €5,000 and immediate revocation of the offender’s business license.
A list of 219 gas stations fined for irregularities during unannounced spot-checks was published by the Ministry of Environment (YPEKA) on December 15, 2011.
Liters to gallons & euro conversion
A liter is significantly smaller than a gallon, so one (1) gallon = 3.785 liters.
If you would like to calculate a figure in dollars/gallon, take the price and multiply by 3.785. For example, €1.25 x 3.785 = €4.73/gallon. Now convert that to dollars: €4.73 x 1.36 (US$ exchange rate) = US $6.43/gallon.
To convert the price in liters to your currency, go to www.xe.com, insert the figure in QuickConverter and choose your currency from the drop-down menu. Exchange rates fluctuate daily.
I provided you with the tools to make the calculations yourself not only because my audience is global and it’s impossible to satisfy everyone, but also to empower you with knowledge you can use in the future.
Below is a table compiled from the kind participation of readers and figures taken from the Ministry of Development’s website in 2008.
It is impossible to update and code this table on a daily basis, as prices change quickly and constantly. But it illustrates the range of prices by region, so you can plan your vacation budget accordingly.
|AREA OF GREECE
|- Elsewhere on the Mainland|
* If the figures differed greatly between the Ministry of Development and readers in Greece, I favored those provided by live people on the ground who took the time to survey prices today.
In the News
“Profiteering gas station owners gouge citizens to pocket extra 40 million” — eKathimerini
“Oligopoly in the Greek fuel market” – Kathimerini
“Greece to reform petrol/gas stations to curb deficit” – Reuters
“Self-service gas stations coming to Greece” – Kathimerini
“Fuel prices in Greece set to go higher” — Kathimerini
“Energy Oil Bulletin” — EU
“On May 9, sms for cheap gas in Greece” — Eleftherotypia