ECONOMY

FinMin’s meeting with gas station owners ends in deadlock

A meeting between Finance Minister Yannis Stournaras and representatives of Greece’s gas station owners on Monday ended in a deadlock after the minister rejected a petition for the abolition of a hike on heating fuel that has raised the price per liter from around 1 euro to between 1.30-1.50 euros.

Gas station owners left the Finance Ministry demanding a meeting with the leaders of the three parties in the coalition government to discuss their claim, adding that they are prepared to halt delivery of heating fuel if their demands are not met.

The hike in the special consumption tax on heating fuel has brought it to 80 percent above that on diesel, making heating fuel around 40 percent more expensive this October compared to last.

Representatives for gas station owners say the hike «serves no other purpose than the degradation of the Greek people,» adding that unless the measure is retracted they «will persist with action.»