Excises level and currency devaluation pull up fuel price

The government has practically doubled in the last seven years the level of fees, and the RON depreciated in nominal terms over the same period, which makes the reduction of oil prices on international markets not have a major effect in Romania, according to profit.ro. The recent decrease of international oil price brought in the collective memory the days when gasoline could be purchased with 3 RON/liter. But this nostalgia is not only among the ...

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