Mitsotakis expects further petrol price fall, announces two-month price freeze with state oversight

On June 30, 2026, Prime Minister Kyriakos Mitsotakis addressed a cabinet meeting with remarks focused on fuel prices and cost-of-living pressures. He signaled that petrol prices at the pump are set to decline further and announced a two-month price freeze in cooperation with market participants.

Government announces fuel price measures

“Further decreases in the price of petrol at the pump are expected.”

The prime minister added that the ministry and the independent authority would carry out checks, while a "shared understanding" with market players would keep prices frozen for the next two months.

“There will be checks by the ministry and the competent independent authority, as well as a shared understanding with market players to freeze prices for the next two months.”

Cost-of-living backdrop

The fuel price announcement followed a meeting on June 29 at the Maximos Mansion, where the food industry and supermarket chains agreed to freeze prices on 2,000 products for an unspecified period. This broader effort is part of the government's response to public discontent over rising living costs.

Pre-electoral interpretation

Greek news outlet in.gr described the prime minister's cabinet remarks as carrying a pre-electoral undercurrent, noting that the expectations of falling fuel prices come without concrete additional measures beyond market cooperation and oversight.