Economy · Greece

Mitsotakis anticipates further decline in retail fuel prices

6 sourcesFirst reported 22 days agoUpdated 22 days ago

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Prime Minister Mitsotakis expressed optimism regarding further reductions in fuel prices.
He mentioned that this expectation is linked to the easing of tensions between the US and Iran.
The government will conduct market checks to regulate fuel prices.
Mitsotakis discussed this during a Cabinet meeting addressing cost of living concerns.

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Greek Prime Minister Kyriakos Mitsotakis expressed optimism about further decreases in retail fuel prices during a Cabinet meeting on June 30, 2026. He indicated that the anticipated drop in petrol prices can be attributed to easing geopolitical tensions, particularly between the United States and Iran, which he believes may affect fuel costs.

In his remarks, Mitsotakis emphasized the government's commitment to monitoring fuel prices closely and announced plans for market inspections to maintain stable pricing. His discussion of fuel prices comes in the context of broader concerns regarding the cost of living in Greece, particularly as the country approaches upcoming elections. While Mitsotakis's statements promote hope for lower prices, some critics suggest the timing and emphasis on fuel costs may have political undertones, aiming to boost public sentiment before the elections.

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Mitsotakis anticipates further decline in retail fuel prices

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