Thursday, 21 October 2021

Electricity and Gas Prices Won't Go Up Until Heating Season Ends, Says Prime Minister

ZAGREB, 21 Oct 2021 - Electricity and gas prices for Croatian households and "a huge share" of businesses will not increase until the end of the heating season early in April, Prime Minister Andrej Plenković said on Thursday.

The only ones that could feel the increase are businesses that did not have long- but short-term gas supply contracts, he added.

He was speaking to the press in Brussels as he arrived at an EU summit that will discuss the surge in fuel prices, among other things.

Plenković said the government had various tools at its disposal that it would use depending on developments with energy prices.

For now, the government has limited the maximum prices of petrol and diesel. "Thereby we stabilized expectations over the next month to see how the situation with oil prices will develop and in that way cushion any blow to households."

He said that after the government's abundant help to businesses during the pandemic and now that conditions had been created for the economy to rebound strongly, he did not wish living standards to be in jeopardy.

Rule of law

The EU summit will also address the rule of law after the Polish Constitutional Court found that in some elements national law is above European law, which was roundly criticized in the EU.

Plenković said it was necessary to first hear out Polish Prime Minister Mazeusz Morawiecki, who sent a memo to all member states' leaders, explaining what the court really decided.

"It's important that the EU does not divide because in times of crisis it's good for it to be as homogeneous as possible. But, on the other hand, when we were entering the EU, we too had to change our constitution quite a lot in order to align with the European legal order. Therefore our position is that we should honor all that we agreed to when we entered the EU."

The summit will also address the COVID situation, foreign relations, migration, trade, and the digital society.

Plenković said the situation in Croatia's neighborhood would be discussed tonight as a continuation of the EU-Western Balkans summit held earlier this month.

For more about politics in Croatia, follow TCN's dedicated page.

Thursday, 30 September 2021

Minister Rules Out Household Electricity and Gas Price Hikes in Next Months

ZAGREB, 30 Sept 2021 - Economy Minister Tomislav Ćorić said on Thursday that the prices of electricity and gas for households would not rise in the next few months, and added it was good news ahead of the start of the heating season.

Household energy price hikes spreading in Europe will not spill over to us in the next few months, Ćorić said before the start of the cabinet meeting in Zagreb.

The minister expects the gas prices to be stable until April 2022 when the gas heating season ends.

Households should not expect a rise in gas prices until 31 March, he said.

Ćorić expects stability in electricity prices in the next months in Croatia.

The government has some space for maneuver when the prices should be determined, he added.

After the escalation of the situation in this segment over the recent months globally, the Croatian minister expects it to calm down.

For more about politics in Croatia, follow TCN's dedicated page.