Prime Minister Kyriakos Mitsotakis has said that gasoline and diesel costs for consumers would fall during the summer following a government deal with oil refineries aimed at taming the impact of the Iran war on fuel prices.
Rising consumer prices exacerbated by the conflict in the Middle East have strained household budgets in Greece, where purchasing power still trails the European average.
Responding to a question about the cost of living by an opposition lawmaker on Friday, Mitsotakis told parliament that the country’s two major oil refineries had agreed to price reductions until the end of next month.
“Fuel prices will drop by 10 cents per liter and diesel fuel will drop by 5 cents per liter,” he said, adding that the relief would be temporary until the end of August.
Fuel consumption typically climbs during the summer months when many Greeks travel to the countryside and the islands for their holidays.
