Poland to Cap Fuel Prices, Orlen Shares Sink
7 Articles
7 Articles
Poland will drastically cut fuel taxes, cap prices at the pump and may impose a windfall profit tax on energy companies, Prime Minister Donald…More...
The countries continue to take measures to mitigate the impact of soaring fuel prices due to the war in the Middle East, including tax cuts and price caps.
The Polish government will reduce the value-added tax (VAT) rate on fuel from 23 percent to eight percent, Prime Minister Donald Tusk announced on Thursday. The government will also reduce excise duty and introduce maximum fuel prices, he said. Poland, like other European countries, is trying to mitigate the impact of the conflict in the Middle East on fuel prices.
Poland will impose maximum fuel prices and, if necessary, prevent foreign motorists from making large purchases of fuel in Poland, as the country seeks to mitigate the impact of the conflict in the Middle East on fuel prices.
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium





