Fuel tax
Cyprus to end its fuel tax break
As of April 1, the reduced consumption tax on fuel in Cyprus will come to an end, reverting to 8.3 cents per liter for gasoline and 6.3 cents per liter for heating oil.
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EU may exempt islands from proposed jet fuel tax until 2032
European Union countries are negotiating exemptions for a proposed EU-wide tax on polluting aviation fuel for islands, in a move that could benefit countries such as Ireland, Cyprus, Malta, Spain and Greece, a draft document showed.
Petrol prices hit 12-month high
Regulated prices of motor fuels in Slovenia have gone up by almost 4%. From 1 August, regular petrol is priced at €1.511 per litre, up 5.5 cents, and diesel at €1.558 per litre, up 5.4 cents.
The prices apply only to fuels sold off the motorway network. Along the motorways, retailers are free to set their prices.
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Despite lower excise duties, fuel prices higher
Regulated fuel prices will rise by several cents on 30 January despite a lowering of excise duties, the third time in a row that prices will increase under the administrative pricing model in place in Slovenia.
Regular petrol will be almost 7 cents more expensive at EUR 1.355, while the price of diesel is going up by almost 5 cents to EUR 1.529.
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Environmental tax receipts down by almost a fifth in 2020
Ljubljana – Environmental taxes paid into the national budget amounted to EUR 1.309 billion in 2020, 18.4% less than in the year before. Energy taxes represented more than four-fifths of the overall tax take, while almost two-thirds of total taxes was paid by households.
Bloomberg: Bulgaria with the Cheapest Fuel in the Whole EU
The Bloomberg agency has made a ranking of countries according to the price of the gasoline A-95.Bulgaria has the cheapest but at the same time the most inaccessible fuel in the whole European Union, quoted by Econ.bg
SYRIZA’s 17 taxes that broke the back of the middle class
An avalalanche of over a dozen new taxes and tax hikes imposed during SYRIZA's four-and-a-half years in power is widely considered the main reason for the disastrous result of the 26 May European Parliament election.
The government's long string of tax hikes was in large measure due to its inability to meet fiscal targets agreed to with creditors.
Gasoline Price Again Rises Sharply in Bulgaria
Gasoline prices in Bulgaria went up sharply. Only a few months after the massive protests in the autumn that spanned the country for fuel appreciation and after winter's soaring prices, the A 95 gasoline carries record-breaking figures for this year. Since mid-March, the increase has averaged 12 cents per liter. From 2.08 leva on March 14, the mass gasoline now averages 2.20 leva.
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Balkan Drivers Fuming Over Rising Cost of Fuel
Car owners in the Balkans are fuming over the rising price of fuel and threatening to protest this month, piling pressure on governments to rein in costs to consumers who fear a knock-on effect on the price of food and other goods.
Oil prices hit three-and-a-half year highs last month, twice topping $80 per barrel and pushing up prices at fuel pumps.
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Eurostat: Bulgaria is Among EU Countries with the Highest Environmental Taxes
Bulgaria is among the first five countries in the EU with the highest environmental taxes, according to data from Eurostat's analysis of the share of environmental taxes in total government revenue from taxes and social contributions in 2016.