Gasoline prices in Greece remain among the highest in the European
Gasoline prices in Greece remain among the highest in the European Union, with drivers paying an average of about €1.85 per liter for unleaded 95 as of March 9, 2026.
The figure places Greece fifth among the EU’s 27 member states in terms of retail gasoline prices, according to a comparison of fuel costs across the bloc.
The ranking comes as the Greek government considers measures aimed at limiting price increases amid rising energy market volatility linked to tensions in the Middle East.
Taxes drive much of the cost
Analysts say the country’s position near the top of the European price scale is largely driven by taxation rather than only global oil prices or refining costs.
Gasoline prices in Greece consist of three main components: the cost of crude oil and refined products, distribution and retail margins, and taxes. The latter account for the largest share of the final price paid by consumers.
Of the roughly €1.85 per liter paid at the pump, about €1.10 corresponds to the excise duty on fuel, while approximately €0.35 to €0.40 reflects the value-added tax (VAT) of 24%. In total, taxes make up nearly 60% of the final retail price.
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