Romanian government may postpone diesel excise tax hike in response to truckers’ protests

By bne IntelliNews December 10, 2013

The Romanian government might postpone by three months until March 2014 the hike of the car fuel excise taxes for diesel, officials quoted by Ziarul Financiar daily commented.

The excise tax would otherwise increase as of January for petrol, which accounts for roughly 25% of the domestic car fuel sales and is particularly used by automobiles.

Budget minister Liviu Voinea is discussing the car fuel excise tax with the EC and IMF officials in Brussels, PM Victor Ponta specified.

Hiking the car fuel excise tax was the government’s last-minute trick aimed at bringing more revenues to the budget and keeping the deficit within the limits agreed with the Fund and the Commission under the two-year agreements sealed this autumn.

The government’s concession on diesel excise taxes comes after transportation companies unfolded moderate protests blocking temporarily major routes and threatening with a major strike in case the government does not reconsider its plans for higher excise taxes.

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