Romanian government to increase price of Diesel fuel, gasoline to make up for excise losses

The Romanian government is planning to increase the price of Diesel fuel and gasoline by a minimum of RON 0.40 per litre in order to compensate excise revenue losses of RON 768 million in the first semester of 2017, business-review.eu reads.   Taxes represent 50-52 percent of the cost of Diesel fuel and gas. The proposed changes are included in a draft ordinance to amend the Tax Code. According to the draft project, the ...

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