Greek Government Introduces August Diesel Fuel Subsidy

diesel subsidy Greek government Kyriakos Mitsotakis fuel price reduction transport costs

The Greek government has launched a temporary diesel‑fuel subsidy that takes effect on 1 August 2026 and runs until 31 August 2026. The measure provides a state contribution of €0.10 per litre, which is added to an existing refinery discount of €0.05 per litre, giving a total price reduction of €0.15 per litre at the pump. The average diesel price at the start of the programme is about €2.06 per litre. The fiscal cost of the subsidy is estimated at €29‑30 million. No comparable subsidy is offered for gasoline. Prime Minister Kyriakos Mitsotakis presented the scheme as a way to curb transport‑related expenses for businesses and households while international oil prices remain high, a situation linked to the ongoing conflict in the Middle East. The discount is applied directly at the pump; the timing of the price drop will vary because stations with existing stock will see the lower price later than those that refill after 1 August. The government also indicated that a broader tax‑cut package for the middle class and vulnerable groups is expected to be announced in the first week of September.

Entities: Brent crude oil · Brent crude oil market · Diesel fuel · Greek Ministry of Finance · Greek government · Greek refineries · Greek transport sector · Kyriakos Mitsotakis · Saudi Arabia · United States · diesel fuel · tourism industry

Claims

What the coverage asserts, and how well corroborated each claim is across sources.

[● 17 SOURCES] The state cost of the subsidy is estimated at about €29‑30 million. (Greek government)
[● 4 SOURCES] The subsidy is in effect until 31 August 2024. (Greek government)
[● 17 SOURCES] The measure aims to reduce transport costs for businesses and households amid high international oil prices (Brent around $90 per barrel). (Greek government)
[● 17 SOURCES] The subsidy reduces diesel price by a total of 15 cents per litre (10 cents state + 5 cents refinery discount). (Greek government)
[● 17 SOURCES] The average diesel price in Greece is around €2.06 per litre at the time of implementation. (Greek market data)
[● 17 SOURCES] No new subsidy is provided for gasoline; only a refinery discount of 10 cents per litre continues. (Greek government)
[● 2 SOURCES] The subsidy is applied directly at the pump without requiring applications from consumers. (Greek government)
[● 4 SOURCES] The Greek government introduced a diesel fuel subsidy starting 1 August 2024. (Greek government)
[● 3 SOURCES] The government plans tax cuts for the middle class, self‑employed professionals and vulnerable groups. (All three articles)
[● 3 SOURCES] The conflict in the Middle East is keeping international energy prices high. (All three articles)
[● 3 SOURCES] The economic package will include measures to lower supermarket prices and set new minimum‑wage targets. (All three articles)
[● 3 SOURCES] Decisions on the tax cuts and subsidies are expected to be announced in the first week of September. (All three articles)