Government Once Again Intervenes in Fuel Prices – Gasoline and diesel...
7 Articles
7 Articles
IHS expert Koch misses long-term signals and warns against distortion of competition, National Bank Governor Kocher demands targeted commuter relief.
With a further tightening of the fuel price brake, Austria's government is trying to make fuelling more bearable for the citizens. 12.2 cents per litre should be saved at the pump in the future. But does that really help people?
The Federal Government has agreed on a new version of the fuel price brake. Unlike in the past, the mineral oil tax is now to be reduced more strongly. There is an additional reduction in the margins for the oil companies.
The coalition agreed on a new fuel price brake on Wednesday, which is expected to bring a discharge of around 12 cents per litre of fuel. IHS economist Sebastian Koch expects the measure to dampen the inflation rate by about 0.2 percentage points. In the Ö1 morning journal on Thursday, he sees a problem that the competition could be weakened in the long run. National Bank Governor Martin Kocher is in favour of alternative measures.
At the same time, the expansion of renewable energy needs to be pushed forward Lower Austria's LH deputy Stephan Pernkopf called for a reduction in fuel prices already in the previous week. The Federal Government has now announced a fuel price brake of more than twelve cents per litre. For Pernkopf, "a step to make life easier again. Because the immensely high diesel and [...] The article LH-Stv. Pernkopf: "Sprite price brake is a step to make l…
The government is returning the fuel price brake. According to the Federal Chancellery of Wednesday, the discharge should be more than twelve cents per litre. The regulation will apply for the months of October and November. Fuel prices had recently risen sharply again.
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