Further increases in fuel prices are expected in Greece in the coming period, as recent price rises imposed by refineries have yet to be fully passed on at the pump, according to the president of the Greek Federation of Petrol Station Owners, Michalis Kiousis.
Citing figures from the Ministry of Development, Mr Kiousis said the average nationwide price of unleaded petrol had reached €2.015, with diesel standing at €2.020.
He noted that only a handful of regions now had average prices below €2.
Mr Kiousis explained that refinery price increases over the past seven days amounted to roughly 11 to 12 cents for diesel and 6 to 7 cents for petrol, though only around 3 and 5 cents respectively had so far been passed on to consumers at the pump.
He said it typically took seven to eight working days for changes in refinery prices to be fully reflected in retail prices.
Particular concern surrounds the expiry, on 31 August, of measures currently supporting fuel prices.
According to Mr Kiousis, three subsidies are presently in effect: a 10-cent reduction on petrol funded by Greek refineries, a 5-cent reduction on diesel also funded by refineries, and a further 10-cent government subsidy on diesel.
