Author Topic: Petrol price hike?  (Read 2809 times)

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Offline Maik

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Petrol price hike?
« on: Tuesday, 29 March, 2016 @ 14:23:07 »
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Scenarios on a fresh hike in fuel consumption levy putting the market on edge

Fuel traders in Greece are irate at the proposals being considered regarding a new hike in the special consumption tax on gasoline and diesel.

A possible increase of the special consumption tax on fuel by 10 cents per liter – a measure on which the government and the country’s creditors see eye to eye – is being considered as a part of the solution toward bridging the fiscal gap. However, the federation of fuel station owners stresses that such a hike would result in a retail price increase of 12.3 cents per liter, as the tax is also taxed with the value-added tax (23 percent)!

A scenario that emerged over the weekend that foresees the leveling of the tax on diesel with that of gasoline is deemed even worse, although it does not appear to form part of talks with the creditors.
http://www.ekathimerini.com/207394/article/ekathimerini/business/scenarios-on-a-fresh-hike-in-fuel-consumption-levy-putting-the-market-on-edge