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Government amends Decree on excise duties on energy products and electricity

The Government has amended the Decree determining the amount of excise duty on energy products and electricity, with which it changes the excise duty on automotive gas oil and for heating gas oil.

The Government has adjusted the amount of excise duty on automotive gas oil and for heating gas oil so that the final retail price of both fuels for consumers will not change. Excise duty on automotive gas oil is being changed from EUR 0.3300 per litre to EUR 0.33207 per litre, and for heating gas oil from EUR 0.07875 per litre to EUR 0.09144 per litre.

The Government is closely monitoring the situation in the petroleum product market and is adjusting the amount of excise duties in a way that is intended to keep retail prices at an affordable level, while in light of the sustainability of public finances it is striving to gradually normalise the state budget revenue. Regarding the latter, it is important to re-introduce environmental taxes on fossil fuels, which represent a dedicated source for green investments, in the medium term and gradually, so that consumers will not feel financially pressured.