Fuel Prices in Greece Rank Among Highest in Europe

Greece remains 1 of the astir costly countries for substance successful the European Union, underscoring a increasing imbalance betwixt vigor costs and income levels crossed the bloc.

While global comparisons place Greece among the world’s priciest markets for gasoline, the European magnitude reveals a sharper contrast: the state consistently ranks adjacent the top of EU substance prices, alongside acold wealthier economies.

Near the top of EU rankings

Greece is among the most costly countries in the eurozone for unleaded gasoline, ranking third down lone the Netherlands and Germany. Across the full European Union, it ranks fourth, pursuing the Netherlands, Denmark and Germany.

These countries, however, person importantly higher per capita incomes, highlighting a cardinal disparity: though Greece does not top the EU terms list, the comparative load connected consumers is acold heavier.

Fuel prices person continued to rise. By March 31, 2026, the mean terms of 95-octane unleaded gasoline successful Greece stood astatine €2.049 per liter, while diesel reached €2.122 per liter—both astatine oregon adjacent grounds levels.

A European marketplace under pressure

The summation successful prices is not unique to Greece. Across Europe, substance costs person risen pursuing a crisp surge successful planetary lipid prices.

Since the outbreak of war successful the Middle East connected Feb. 28, Brent crude has climbed by astir 50%, rising from $72 per tube to implicit $100, and astatine times reaching $120.

Disruptions such arsenic the closure of the Strait of Hormuz and attacks connected vigor infrastructure person affected supply and pushed prices higher crossed EU markets.

However, while the upward trend is communal crossed Europe, its interaction varies importantly from state to country—depending mostly connected taxation and marketplace structure.

Taxes support Greece among the astir expensive

One of the main reasons Greece ranks so precocious within the EU is its tax structure.

Fuel taxation successful Greece is among the highest successful the European Union. Value-added tax (VAT) has stood astatine 24% since 2016, while excise duties person been acceptable since 2017 astatine €700 per 1,000 liters for gasoline and €410 per 1,000 liters for diesel.

As a result, taxes relationship for the bulk of the last terms paid by consumers.

On March 26, 2026, the refinery terms of unleaded gasoline was €0.7955 per liter. Taxes, fees and different charges added €1.1138 per liter—meaning much than fractional of the pump terms was tax-related.

By March 27, the mean retail terms reached €2.049 per liter. Of that:

• 54.36% came from taxes
• 38.82% from the refinery price
• 6.82% from margins for substance companies, transporters and state stations

The estimated borderline for retailers and distributors stood astatine €0.1397 per liter.