In fuel trading, cheap may mean cheat

More than one in seven gas stations in Greece, or 15 percent, deliver less fuel to their customers for their money, according to a university study, while another report showed that hikes in the special consumption tax on fuel will likely mean that the revenue target will not be met next year.

The survey by the National Technical University of Athens found that the average rate of cheating on fuel quantities was 2-3 percent - not including the legal discrepancy of 0.5 percent - while there were cases where motorists got as much as 9 percent less fuel that what they paid for. The majority of these incidents, meanwhile, were observed at stations with cheaper gas prices.

Professor Evripidis Lois, who led the NTUA survey, stressed that the Finance Ministry should be aware of these figures, as the data are fully recorded via the inflow-outflow system. Although this...

Continue reading on: