Government Reaches Agreement on Fuel Price Cap
7 Articles
7 Articles
In view of the continuing high and possibly further rising fuel prices, the WK Kärnten warns against massive consequences for the entire business location. Elisabeth Rothmüller-Jannach, the head of the transport and transport division, therefore calls for the rapid introduction of a favored "commercial diesel" in order to reduce the exploding transport costs and prevent a new wave of inflation. "The measures recently decided are too short. The p…
The Austrian government has agreed to regulate fuel prices. According to the APA agency, this was preceded today by several hours of negotiations between the coalition of the People's Party (ÖVP), the Social Democrats (SPÖ) and the liberal NEOS party. The regulations are due to come into force on Wednesday, but the price reduction will not take effect until Thursday, the Austrian Ministry of Economy announced.
The Austrian government has agreed to regulate fuel prices. This was preceded by several hours of negotiations on Tuesday between the coalition of the People's Party (ÖVP), the Social Democrats (SPÖ) and the liberal NEOS party. The regulation will come into force on Wednesday. However, the price reduction will not take effect until Thursday, the Austrian Ministry of Economy announced on Tuesday evening.
The Austrian government has agreed to regulate fuel prices. According to the APA news agency, this was preceded by several hours of negotiations on Tuesday between the coalition of the People's Party (ÖVP), the Social Democrats (SPÖ) and the liberal NEOS party. The regulations are due to come into force on Wednesday, but the price reduction will only take effect on Thursday, the Austrian Ministry of Economy announced this evening.
The Austrian government is introducing fuel price controls starting Wednesday in response to the extreme fuel price hikes caused by the conflict in the Middle East. Among other things, the coalition has agreed to reduce excise duty by five cents.
The Federal Government reached a final agreement on the fuel price brake on Tuesday after several hours of negotiations. The regulations are to enter into force on Wednesday, the prices for petrol and diesel will then fall by ten cents per litre from Thursday – but not everywhere immediately. According to the Austrian statistics, the expensive energy in the wake of the Iran war has already driven inflation to 3.1 percent in March.
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