Why fuel remains so expensive in Greece
The factors making local unleaded gasoline and diesel rates among the highest in the EU

Fuel prices in Greece are not just high, they are consistently higher than the European Union average, both before and after taxes.

This finding is not new and besides consumers it has from time to time concerned both the competent authorities and the operators of the oil market itself, which is characterized by intense phenomena of fraud and unfair competition to the detriment of healthy businesses.

The fuel market has not yet complied with measures instituted back in 2012 to address violations and the lack of competition, so Greeks are burdened twice: As consumers from high prices and as taxpayers from the loss of public revenue of hundreds of millions of euros per year.

Civil servants planning strike, protest rally on Tuesday

The umbrella union representing Greece’s public sector workers, ADEDY, has announced a nationwide 24-hour strike on Tuesday.

Water investors have withdrawn billions, says research

Shareholders in some of the UK's largest water companies have taken out tens of billions of pounds but failed to invest, new research claims, with firms planning to raise household bills to fund future spending.

Investors have withdrawn £85.2bn from 10 water and sewage firms in England and Wales since the industry was privatised more than 30 years ago, analysis by the University of Greenwich suggests.

Companies are under pressure following sewage spills and water leaks, which critics have blamed on under-investment in the country's infrastructure.

Ofwat, the industry regulator, said it "strongly refuted" the figures.