Babiš Says Government Could Reintroduce Fuel Price Caps

Novinky.cz

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Prime Minister Andrej Babiš did not rule out that the government will again cap margins at gas stations due to rising fuel prices. However, he does not want to return to reducing excise taxes. On the other hand, the government wants to look at refinery margins, which he says are disproportionate. He said this in a debate on Prima.

iDNES.cz

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The government will once again address rising fuel prices on Monday, Prime Minister Andrej Babiš said in a video on Instagram. According to him, it seems that refineries are making disproportionate profits. He has not ruled out previously that the government could once again cap margins. The cabinet will not propose reducing excise duty on diesel and gasoline.

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Czech motorists face further increases in the price of gasoline and diesel, and the government is considering price regulation. Babiš criticizes refineries' profits and speaks of disproportionate margins.