Diesel prices hit historic high, calls for VAT cut
5 Articles
5 Articles
Diesel prices hit historic high, calls for VAT cut
Diesel prices reached a historic high on Friday, with the average pump price climbing to €1.997 a litre, prompting fuel industry groups to renew calls for a cut in VAT. Figures from the consumer protection service showed diesel selling at between €1.879 and €2.098 across the island, pushing the average above the previous record of […]
The average price of diesel fuel hit a historic high on Friday, reaching €1,997. The Cyprus Consumers Association and the Pancyprian Association of Liquid Fuel Stations, speaking to the CYP, asked the Government to consider reducing VAT on fuels, but also to return to consumers the increased VAT revenues resulting from the increase in fuel prices. According to the Consumer Protection Agency's Retail Fuel Price Observatory, diesel currently sells…
The average price of diesel fuel hit a record high on Friday, surpassing €2 a litre and putting incredible pressure on households that see a large proportion of their income devoted to fuel and energy but also to the increases they cause in chains. The Cyprus Consumers Association and the Pancyprian Association of Liquid Fuel Service Providers, speaking to the CYP, requested [...] €2 and above — Unstoppable fuel price rally and the Government ch…
The average price of diesel reached a historic high on Friday, reaching €1,997. Associations' request for VAT reduction
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