Sweden will temporarily reduce fuel taxes, compensate car owners and expand the scheme to reduce electricity bills amid rising energy prices, world agencies reported. The Slovenian government is freezing the maximum retail fuel prices from tomorrow in order to calm the market situation.
Slovenia has introduced a ceiling on retail fuel prices
Starting tomorrow, a liter of unleaded petrol in Slovenia will cost 1,503 euros and a liter of diesel 1,541 euros, Economy Minister Zdravko Pocivalsek said. The government has decided to freeze the maximum retail fuel prices, and the measure will be in force for 30 days.
Fuel prices have risen for several reasons – due to higher demand, but also due to the war in Ukraine.
Some of the suppliers have been involved in Russian oil for too long and too long. We can expect prices to rise, the minister added.
He reiterated that there is enough fuel in Slovenia, so there should be no fear of shortages.
Asked whether restrictions could be imposed on foreigners, Pocivalsek said it was not planned at the moment. According to him, the prices are similar to the prices that have been in force so far, and maybe a little lower.
Prices in Austria and Croatia are slightly higher than in Slovenia, in Hungary they are well below Slovenian, and in Italy they are well above ours, he said, adding that additional measures will be taken depending on the situation.
Sweden reduces fuel tax
The government said the reduction in fuel taxes would cost about 3.7 billion kroner ($ 383.58 million), while compensation to car owners would add another 4 billion kroner ($ 417.68 million) to the amount.
Another 4 billion kroner will be set aside in the budget to encourage consumers to switch to electric vehicles.
The reduction of the fuel tax to the minimum allowable level in accordance with EU rules will be for the period from June to October 2022, said Swedish Finance Minister Mikael Damberg.
“The situation remains precarious and prices are fluctuating sharply, but we see that we need to urgently support consumers at this stage and at the same time – to take measures to further reduce our dependence on fossil fuels,” the minister said.
Today, retail gasoline in the Scandinavian country cost 21.39 kroner ($ 2.22) per liter. 52 percent of its price, or 11.1 kroner ($ 1.15), is formed by taxes.
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