mind your business

Monday, March 12, 2012

Adding Insult To Injury, Greek Gas Prices Are Now The Highest In Europe

It's been a very bad year for the Greeks and now gas is over $9 a gallon in Greece.

Just because being officially the first broke Eurozone country, having 50%+ youth unemployment, and a collapsing economy is not enough, adding absolutely insult to injury is the following chart from Reuters, which shows that compared to other European economies, Greece now has the highest gas price in the old continent. And indicatively while America complains over what is now the highest gas prices in 2012 per AAA, at $3.80 average for a gallon of regular...gas in Greece now sells for over $9.00/gallon....Oh yes, that Iran just happened to be one of the biggest suppliers to Greece - oh well.

Read the rest here
Zero Hedge

No comments:

Post a Comment

Ledger Nano S - The secure hardware wallet