3 ms·
At least in Greece, where the fleet is in general older than other more developed countries, the steep decline in the last few years can be attributed to price
by Foivos 8y ago
At least in Greece, where the fleet is in general older than other more developed countries, the steep decline in the last few years can be attributed to price (taxes mostly).
I remember when I got my license around 2008 everybody was freaking out in the idea that the price would approach 1 euro per litre. Now after years of recession the price casually goes to 1.80 especially in the islands. So people just drive less and also more reasonably (not fast accelerations, showing off etc.). A welcome side effect is the big reduction in road accidents.
- cbg0 8y ago> the steep decline in the last few years can be attributed to price High unemployment rate is also a very likely culprit: https://fred.stlouisfed.org/graph/fredgraph.png?id=LRUN64TTGRA156N&nsh=1 https://fred.stlouisfed.org/graph/fredgraph.png?id=LRUN64TTG...
- kristopolous 8y agoJust to make Americans reading this lives easier, I did the math, 1.8 euros/litre is $7.77/gallon.
- deleted 8y ago[deleted]