The differences in fuel prices are very large within the 27 EU Member States. At the beginning of the year, Austria is one of those countries where petrol and diesel are significantly cheaper than the EU average.
A liter of diesel in Austria costs almost eight cents less than the EU average and is cheaper than in 11 EU countries, Eurosuper is cheaper than in 17 other EU countries, according to a current VCÖ analysis based on EU data from the Commision.
Diesel more expensive in Hungary than in Austria
At the beginning of the year, a liter of diesel cost an average of 1.685 euros in Austria and an average of 1.76 euros in the EU countries. The diesel price was highest in Sweden at 2,152 euros and Finland at 2,081 euros. It was followed by Italy with EUR 1,891 and Germany with EUR 1.85. In Hungary too, diesel now costs about ten cents more than in Austria.
Cheapest gasoline price in Bulgaria
Eurosuper costs more in 17 EU countries than in Austria. At the beginning of the year, a liter of Eurosuper in Austria was 1,492 euros, 18 cents cheaper than the EU average. After Denmark (1,939 euros) and Finland (1,910), Greece has the third highest price with 1,846 euros, ahead of Italy with 1,827 euros and the Netherlands with 1,795 euros. Eurosup also costs more in Germany, Hungary and the Czech Republic than in Austria. Gasoline prices are lowest in Bulgaria, ahead of Slovenia and Romania.
The VCÖ sees the need for more measures to reduce the high fuel consumption. In addition to lower speed limits, a greater shift to public transport and active mobility is particularly effective, says VCÖ expert Michael Schwender.
Source: Krone

I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.