Greeks Flood Bulgarian Gas Stations for Cheaper FuelBusiness | May 6, 2010, Thursday // 09:31| views
Gas prices in Bulgaria appear to be about 50% lower than in Greece after the latest tax increase instituted by the Greek government. Photo by BGNES
A large number of Greek citizens have been purchasing fuel from gas stations in Bulgaria’s southern regions because of the lower prices.
Local media from the border regions report that hundreds or even thousands of Greeks have been driving to Bulgaria to buy gas in the last few days as the excise tax hike instituted recently in struggling Greece led to a steep increase of fuel prices there.
Thus, gas prices in Greece have reached as much as EUR 1.75 per liter while the average price in Bulgaria is about EUR 1.1-1.2 per liter.
Bulgaria’s own fuel prices were increased by about BGN 0.01 on May 1, 2010.
A price hike in Hungary – up to EUR 1.26 per liter – has led to a similar situation in which many Hungarians drive to Romania, where the gas prices are about 15% lower.
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