Saturday , July 4 2020

Greece:- Fuel prices increase

There has been a significant increase in fuel prices in recent days. After the end of the quarantine, where the prices had dropped even to 1.29 euros per liter, now they even reached 1.41 euros per litre for lead-free, while there is a chance that in July our first tourists will increase on our island, even more so the price. “After the quarantine everyone started to circulate normally, the prices have gone up”, says the gas station owner Dionysis Giannoulis, who also comments on the big difference that existed with the supply of heating oil, since during the quarantine, there were many  who purchased it to be ready for the new year. Mr. Giannoulis, of course, stressed that traffic at gas stations has decreased, compared to last year, as tourism has not yet opened. “People are waiting for July to see how things go. There is a problem now. ”


The worrying thing, of course, is that the price of fuel will rise even more, and this will clearly depend on demand, which we remind you is now low. “Let’s pray that it won’t reach 1.80 and 1.85 after the quarantine. Fuel increases are based on supply and demand. When there is a demand, the fuel also goes up. We can’t do anything about it, “said Mr Giannoulis, who said things could change in the coming months. However, the problem for gas station owners is important, as they see that their turnover is further reduced, with this summer being one of the worst they have experienced after capital controls.

Full story in Greek click on source:-

About Louise Inzk

Louise is Australian born and has been a Greek citizen since 1991. She has deep cultural ties with the island, often writing about Zakynthian Traditions and Culture. She is also an active member of the Volunteer Group of Zakynthos, Giostra Di Zante and is a member of the women's choir "Rodambelos". Her love of the island and all it offers saw her joining the Zakynthos (Zante) Informer admin team in 2014.

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