Croatia cuts fuel excise on soaring prices.

By bne IntelliNews March 9, 2011
The Croatian government cut excise duties by HRK 0.15 (EUR 0.02) on the most used fuels by end-2011 to partially offset the negative effect of soaring global prices on customers, HINA news agency reported. Finance minister Martina Dalic said at a news conference that the measure might cost the budget about HRK 25mn in lost revenues a month. The excise tax might be restored to its earlier rate if prices on the international markets fall or stabilise.

Related Articles

Croatian govt to acquire four companies part of 3.Maj shipyard.

The Croatian government decided on Thursday, March 21, to take over the ownership of all four companies part of local shipyard 3.Maj after which the privatisation of the parent company will be ... more

Croatias Dukat to make takeover bid for Slovenias Ljubljanske Mlekarne.

Croatian dairy producer Dukat said it intends to place a takeover bid for the 49.7% stake it does not yet own in Slovenian peer Ljubljanske Mlekarne. Dukats current stake of 50.3% in the ... more

Croatia's construction output down 2.1% y/y in Jan 2013.

Croatia's construction output fell 2.1% on the year in January 2013 after dropping an annual 19.9% a month earlier, the statistics office said, quoting unadjusted data. Working-day adjusted data, ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss