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Greek-Bulgarian borders: Fuel turnover up 5-10%

25. March 2010. | 06:35

Source: Dnevnik

Purchases of Greek fuels on the Bulgarian border have fetched a puny rise in sales for local filling stations, a sign that reports that Greek drivers and swarming into Bulgarian outlets are ungrounded.

Purchases of Greek fuels on the Bulgarian border have fetched a puny rise in sales for local filling stations, a sign that reports that Greek drivers and swarming into Bulgarian outlets are ungrounded, a Dnevnik poll showed.

“Our stations near the Greek border, and only some of them, have seen sales tick up by no more than 5-10%,” said Ivan Kostadinov, trade and marketing director of Petrol.

His statement was echoed by Dimitar Tortopov, retail head at Eko fuel chain, a unit of Greek petrochemicals company Hellenic Petroleum Group.

He said there were no mass purchases. In a bid to boost revenue, the Greek government jacked up excises and the value-added tax (VAT).

At 12.7% of its GDP, Greece ran up the biggest deficit within the EU for 2009, striking a blow at fuel prices.

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