US EditionAustria cuts petrol tax to counter war's impact on prices
24 Articles
24 Articles
The aim is to reduce petrol and diesel emissions by ten cents, says Chancellor Stocker. To this end, the government also wants to limit the margins of the oil companies.
Austria plans to temporarily lower excise duties on mineral oils to ease pressure on fuel prices. Initially, they will be reduced by five cents per liter for gasoline and diesel, the federal government announced. "The state must not become a crisis profiteer," said Chancellor Christian Stocker.
The Austrian government coalition announced that the authorities will temporarily reduce a gas and engine tax by five cents per litre and will limit the profits of fuel traders to counter the increase in oil prices. Article What was the solution for the Austrian authorities to reduce prices for fuels appeared first in Romania TV.
Austria's ruling coalition announced on Wednesday that it would temporarily reduce taxes on gasoline and diesel and limit retailers' margins to cushion the impact on consumers of rising oil prices following the Iran war.
The Austrian government coalition announced Wednesday that it will temporarily reduce gas and motor taxes and limit the profits of traders with the amount of fuel such as OMV (which holds about half of the country's petrol), in order to protect consumers from the vertical growth of oil prices caused by the conflict with Iran. Israeli military attacks and ...
Gasoline in Vienna today averaged €1.71/liter, while diesel was close to €2 per liter.
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