{"id":338007,"date":"2026-03-13T23:30:15","date_gmt":"2026-03-13T23:30:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/338007\/"},"modified":"2026-03-13T23:30:15","modified_gmt":"2026-03-13T23:30:15","slug":"greece-ranks-among-eus-most-expensive-gas-markets","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/338007\/","title":{"rendered":"Greece Ranks Among EU\u2019s Most Expensive Gas Markets"},"content":{"rendered":"

\"Gas<\/p>\n

Gas prices in Greece<\/a> remain among the highest in the EU, with taxes accounting for much of the cost at the pump. Credit: Wikimedia Commons \/ MarkBuckawicki\/ Public Domain<\/a><\/p>\n

Gas prices in Greece remain among the highest in the European Union, with drivers paying an average of about \u20ac1.85 per liter ($7 per gallon) for unleaded 95 as of March 9, 2026, placing the country among the bloc\u2019s most expensive fuel markets.<\/p>\n

According to a comparison of gas costs across the bloc, this means Greece has the fifth-highest gas prices among the EU\u2019s 27 member states.<\/p>\n

Taxes keep Greece high on gas price scale<\/p>\n

Analysts say taxation, rather than oil prices or refining costs alone, keeps Greece near the top of the European gas price table.<\/p>\n

The final price of gas in Greece<\/a> includes three main elements: the cost of crude oil and refined fuel, distribution and retail margins, and taxes. Of those, taxes account for the largest share of what consumers pay at the pump.<\/p>\n

From the roughly \u20ac1.85 per liter charged to drivers, about \u20ac1.10 ($1.26 per liter or $4.16 per gallon) comes from excise duty, while approximately \u20ac0.35 to \u20ac0.40 reflects the 24% value-added tax. Altogether, taxes make up nearly 60% of the final retail price.<\/p>\n

Wide divide in gas prices across Europe<\/p>\n

Gas markets across the European Union<\/a> continue to display significant disparities, with several countries in Central and Eastern Europe recording much lower prices on gas than Greece.<\/p>\n

Bulgaria posts some of the lowest gas<\/a> prices in the bloc, at around \u20ac1.27 per liter ($4.81 per gallon). Malta and Cyprus follow at roughly \u20ac1.34 to \u20ac1.35 per liter ($5.11 per gallon), while Slovenia, the Czech Republic, Slovakia, and Poland generally range between \u20ac1.45 per liter ($5.49 per gallon) and \u20ac1.50 per liter ($5.68 per gallon).<\/p>\n

In contrast, Northern and Western Europe remain the most expensive parts of the market. The Netherlands ranks first, with gas averaging about \u20ac2.17 per liter ($8.21 per gallon). Germany and Denmark also top \u20ac2 per liter ($7.57 per gallon), while prices in Finland approach \u20ac1.93 per liter ($7.31 per gallon).<\/p>\n

Gas taxes remain central across EU<\/p>\n

Across the European Union, Brussels sets a minimum excise duty on gas of about \u20ac0.36 per liter ($1.36 per gallon). Even so, member states can impose significantly higher taxes. The average excise duty across the EU stands at roughly \u20ac0.55 per liter ($2.50 per gallon), which means taxes account for more than half of final fuel prices in many countries.<\/p>\n

In Germany, taxes make up about 53% of the final pump price, while in France, the share ranges from around 50% to 53%. In Italy, the tax burden reaches roughly 55%. Meanwhile, in heavily taxed countries such as Denmark and the Netherlands, taxes also account for more than half of the retail price.<\/p>\n","protected":false},"excerpt":{"rendered":"Gas prices in Greece remain among the highest in the EU, with taxes accounting for much of the…\n","protected":false},"author":2,"featured_media":338008,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,184,1685,5451,7990,916,145225,124590,85,46],"class_list":["post-338007","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-european-union","tag-fuel","tag-gas","tag-greece","tag-greek-economy","tag-greek-news","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/338007","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=338007"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/338007\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/338008"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=338007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=338007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=338007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}