Friday, 22 July 2022

PM: Fuel Prices Expected To Drop Further

ZAGREB, 22 July 2022 - Prime Minister Andrej Plenković said on Friday that fuel prices should drop further and announced that the government would intervene again if such a possibility arises following the calculation of fuel prices, which is released tomorrow.

The government intervenes every two weeks and, according to what I've just discussed with (Economy) Minister Filipović, it seems that fuel prices might be even lower, Plenković told the press on the island of Hvar.

If that is the case, and the calculation is tomorrow, we will intervene again and make decisions at the government conference call on Monday, Plenković said.

Asked about reports that a thousand doctors in Croatia had handed in their resignations, he said that he did not know about it, adding that doctors were among the better-paid public employees in Croatia.

"The only ones that perhaps have a higher salary are air traffic controllers, who are complaining about HRK 50,000. A stressful job. Come on," he said.

He underscored that the government had increased salaries in health care in general and that he didn't know when someone would be satisfied.

I think everyone needs to realise what kind of global crisis we are in and understand that this is the moment when we have to return to our joint contribution to solidarity, Plenković said.

With regard to President Zoran Milanović's statement that the Social Democratic Party was responsible for the construction of the Pelješac Bridge, he said that Milanović then thought that the SDP was also responsible for Croatia's accession to the euro area, membership in the European Union, and accession to the Schengen Area...

He said everything was ready for the Pelješac Bridge opening ceremony on Tuesday, to which all state officials were invited, including Milanović.

Everyone is invited, all state officials, all members of parliament, this is a state event, once in history, said Plenković, who today attended the opening of an external berth at the Sućuraj port on the island of Hvar.

The project is worth over HRK 35 million, and it is partly financed by EU funds, partly from the state budget, and partly from the budget of Split-Dalmatia County.

For more, check out our politics section.

Monday, 18 July 2022

Minister Says Petrol to Cost HRK 13.02, Diesel 13.43 per Litre in Next 2 Weeks

ZAGREB, 18 July 2022 - Economy Minister Davor Filipović said on Monday that for the next fortnight the price of petrol would be HRK 13.02 per litre, down from HRK 13.50, while the price of diesel would go up from HRK 13.08 to HRK 13.43.

Also, fuel prices on motorways and elsewhere will be equated and the government will extend the price cap on blue-dyed diesel to HRK 9.45 per litre for another two weeks, he told the press after a government conference call.

The retail margin stays HRK 0.65 per litre of petrol and diesel, as do excises of HRK 0.80 on petrol and HRK 0.40 on diesel.

"Without these government moves, the price of diesel would have been HRK 15.70 and the price of petrol HRK 14.92," the minister said.

(€1 = HRK 7.5)

For more, check out our politics section.


Monday, 4 July 2022

Minister: Ina Will Help Small Distributors

ZAGREB, 4 July 2022 - Economy Minister Davor Filipović said on Monday that the wholesale price of fuel would be restricted for the next two weeks so that major oil market stakeholders, including Ina, would bear the brunt compared to small companies, which had done well in previous years.

He underscored that the government aimed to protect citizens and help the economy, so fuel prices at off-motorway filling stations would be the same as in the past two weeks, namely HRK 13.08 for diesel and HRK 13.50 for Eurosuper 95 petrol. He added that fuel prices at motorway filling stations would be reduced to HRK 13.83 for petrol and HRK 14.28 for diesel.

Filipović said that under the latest government decision, the wholesale price would be limited for the next two weeks so that the most significant stakeholders in the oil market could bear most of the burden compared to small distributors.

"We have been continually communicating with retailers. In the past two weeks Ina did not increase its wholesale price, and small distributors on the most part sold their own stocks. Therefore, we can say that in the past two weeks they did not earn as much as they had planned," said Filipović, adding that in the next two weeks, INA would take on most of the burden and would not increase its prices for retailers to make it easier for them to operate.

He said that there were 40 small oil distributors and that in 2021 they generated total sales revenue of almost HRK 3.5 billion, and a profit of HRK 133 million. They operated equally successfully in 2020, the minister said. All of that should be taken into account and it is necessary to take a look at the bigger picture because we are in a delicate situation, Filipović said, adding that without the government's intervention, the price of diesel would be more than HRK 16.

Asked what the Prime Minister referred to when he mentioned tax scissors for profiteers, Filipović said that the government was considering all options and monitoring the situation and would act in the interest of citizens and the economy when it assessed it to be appropriate.

When asked if small distributors were unjustly complaining, he underscored that the aim was to limit wholesale prices. The situation is difficult for everyone, small distributors are not accustomed to it because their business has been successful in the past, he said.

"These past two weeks and the next two weeks will certainly not be easy for them, but I believe that we will all successfully overcome this situation together," the minister emphasized.

For more, check out our politics section.

Monday, 4 July 2022

Croatian Fuel Prices to Shoot Up Again Unless Government Intervenes

July the 4th, 2022 - Unless the government once again steps in quickly with some measures to mitigate the harsh blow to the pockets of this country's drivers as inflation drags on, Croatian fuel prices are set to shoot up yet again this week.

As Poslovni Dnevnik writes, according to unofficial information from HRT, eurosuper could cost around 16 kuna, and eurodiesel more than 16 and a half kuna unless the government intervenes this week. The Economy Minister recently said that the decision will be made after the weekend, and the Prime Minister announced a session of talks within the government on the subject for Monday.

Eurodiesel on Croatian motorways currently costs 14.57 kuna per litre, and Eurosuper 95 costs 14.06 kuna. A litre of basic Eurodiesel costs 13.08 kuna at fuel stations that are not on the motorways.

Prime Minister Andrej Plenkovic has also announced the possible introduction of fuel vouchers if the situation fails to calm down.

"The introduction of fuel vouchers is possible this autumn, we're leaving that possibility open, but the government still has other tools at its disposal," Plenkovic said. "As for the vouchers, they'll go to those with lower incomes, and this is something that we have to do qualitatively and according to certain criteria," he added.

The head of the distributors' association: We're going to close the pumps on Tuesday if the government doesn't do something.

Armando Miljavac, the head of the Association of Small Oil Derivatives Dealers, says that on Tuesday, he will close the country's fuel stations if the government doesn't step in and do something. The association brings together more than sixty small dealers who manage about a hundred fuel stations throughout Croatia. "I don't know what to tell you. We're not very happy with this, these decisions should have been made already but here we are, we're still faced with uncertainty,'' said Miljavac for Index.

"If there is no decision on Tuesday that is acceptable for normal operations and the continuation of operations, we've decided to close the fuel stations. We've been trying to cope with this for eight months, we've exhausted all our reserves, the price differences have broken down...", continued Miljavac, adding that he wonders what will happen in autumn and states that things aren't looking good.

Economy Minister Davor Filipovic, We're considering all measures, there'll be a decision made today.

Minister Filipovic also commented on whether or not the government is preparing new measures ahead of Tuesday to try to tackle rising Croatian fuel prices, given the fact that further price hikes are expected. In an interview with Media Servis, Filipovic stated that there are still options when it comes to excise duties.

"We're considering all possible measures, so all options are on the table at the moment. We still have a few options when we talk about excise duties. We'll make a decision that will be beneficial, which will be satisfactory at this moment, but only when we see what the prices are going to actually be in the end,'' he explained, adding that decisions will be made today.

Fuel vouchers were announced as a longer-term measure to help the socially disadvantaged.

"This situation is so volatile that we can't predict what will happen in the next two weeks. Maybe in the next two weeks we'll have to react differently, not to talk about what the situation is going to be like come autumn. Vouchers are in the plan and they're scheduled to start sometime in autumn, but I'll talk more about the details when the time comes," said Filipovic.

For more, make sure to check out our dedicated lifestyle section.

Thursday, 30 June 2022

Finmin: Fuel Vouchers Being Considered

ZAGREB, 30 June 2022- Finance Minister Zdravko Marić said after a government session on Thursday that one of the measures being considered was the introduction of fuel vouchers, but added that he didn't want to prejudge anything.

Since the decision to cap fuel prices at petrol stations not located on highways expires next week and since it is certain that oil prices will continue to rise on the markets, reporters asked Marić what further measures were being considered by the government, to which he responded that the government was waiting for all calculations regarding oil prices and that Economy and Sustainable Development Minister Davor Filipović was in additional talks with distributors and producers.

Asked about the possibility of fuel vouchers being introduced, Marić said that this was one of the measures being considered, but that its preparation required some time.

It has to be considered whether the measure would apply equally to everyone or not.

"We have been working on that, among other things, for the last few days and weeks," Marić said.

Asked by reporters whether food vouchers were also being considered, Marić recalled that VAT had already been reduced to the lowest possible level for fresh food, such as meat, fish, fruit and vegetables.

He reiterated that the government expected other "links in the chain" to contribute and that now was the time for joint action.

Government to support consumer protection associations

Asked about the remarks from consumer protection associations that they had been allocated too little money for monitoring the rounding of prices in the process of changing over to the euro, Marić said that "as a rule, no matter how much you give, more is always asked for".

He said that HRK 700,000 was earmarked in the budget for that purpose, and there were also European sources, but that the government would find the money for such an important purpose as consumer protection.

"They should not worry. If they have good suggestions as to how to better monitor prices and prevent unjustified price increases, we will be very happy to support that," Marić said.

As of 12 July and the final formal decision on Croatia's entry into the euro area on 1 January 2023, it will possible to show dual prices, and some businesses will start doing so then, but this will become mandatory on 5 September, said Marić.

For more, check out our politics section, and for the latest fuel prices click on this web site.

Monday, 20 June 2022

Gov't Caps Fuel Prices at Petrol Stations Not Located on Highways

ZAGREB, 20 June 2022 - The government has decided to cap fuel prices at petrol stations that are not located on highways, Prime Minister Andrej Plenković said on Monday after a government conference call meeting.

Thus one litre of Eurodiesel at petrol stations that are not located on highways will cost HRK 13.08 while a litre of Eurosuper 95 petrol will be sold at HRK 13.50.

Blue-dyed diesel will cost a maximum HRK 9.45 per litre.

The government decree capping fuel prices, to go into force on Tuesday, refers to 94% of petrol stations in the country.

It will be in force for the next two weeks.

The decree does not refer to premium fuels.

If the government had not acted, petrol would cost HRK 14.57 per litre as of Tuesday, while diesel would cost HRK 14.06 and blue-dyed diesel HRK 10.93, Plenković said, adding that petrol stations on highways would sell petrol and diesel at those prices.

The PM added that owing to the measures taken by the government so far, the price of a litre of petrol had been lowered by HRK 2.45, while the prices of diesel and blue-dyed diesel had been lowered by HRK 3.56 and 2.38 respectively.

(€1 = HRK 7.524861)

For more, check out our politics section.

Wednesday, 8 June 2022

Prices of Eurosuper and Eurodizel Go Down

ZAGREB, 8 June 2022 - As of Wednesday, Eurosuper 95 is sold at most petrol stations in Croatia at a price of HRK 13.50 per litre, which is HRK 0.36 fewer than on Tuesday, and the price of Eurodizel has gone down by HRK 0.06 to HRK 13.08, following the government's decision to additionally reduce excise taxes on oil products.

On Monday, the Andrej Plenković cabinet decided to additionally reduce excise taxes on oil products - by an additional HRK 0.40 per litre for petrol, which amounts to a total excise cut of HRK 0.80, and by an additional HRK 0.20 for diesel, which amounts to a total cut of HRK 0.40. The government also cut by an additional HRK 0.10 the margin of traders in oil products for petrol, diesel and blue-dyed diesel.

According to data on the website of the Economy and Sustainable Development Ministry and the portal, the price of Eurosuper 95 at petrol stations operated by Ina, Petrol, Crodux, Tifon and some other distributors is HRK 13.50 per litre. Eurodizel costs HRK 13.08 per litre.

(€1 = HRK 7.5)

For more, make sure to check out our dedicated lifestyle section.

Thursday, 2 June 2022

PM Says Gov't To Intervene Over Fuel Prices If Necessary

ZAGREB, 2 June 2022 - Prime Minister Andrej Plenković on Thursday announced that the government would reduce excise duties or margins if necessary due to an announced significant increase in fuel prices as of next Tuesday.

Web news portals reported on Thursday that as of next week, the price of all diesel fuels will increase by HRK 0.90 per litre, while the price of petrol will go up by about HRK 0.70 per litre.

"We have the legal basis to intervene as regards margins and excise duties, we have already done it. There is still room in that regard and this afternoon the inner cabinet will discuss the situation. We will hear the assessments of the ministries of economy and finance and make the best decisions for Croatian citizens," the PM said.

Asked if excise duties were on the agenda, he said that excise duties and margins are the two elements in which the government can intervene.

At most petrol stations in Croatia, a litre of Eurosuper 95 petrol has been selling for HRK 13.86 since Tuesday, which is HRK 0.03 more than on Monday while the price of Eurodiesel was HRK 0.22 dearer.

Hina's source from energy circles estimates that fuel price increases, including major ones, are possible as long as the energy crisis caused by the war in Ukraine lasts. The source adds, however, that the price increase announced for next week can hardly be justified with the latest package of EU sanctions against Russia, because its effects, i.e. a partial cessation of crude oil imports from Russia, can only be expected in a few months' time.

Retailers and suppliers should be asked why they are reacting so quickly to announcements of what might happen, the source said. He added that Croatia is not really dependent on crude oil or oil product deliveries from Russia, because most of its supplies arrive by sea.

The retailers and suppliers contacted by Hina did not want to talk about prices, hence the new prices will, as usual, be known on Monday to take effect on Tuesday.

For more, check out our politics section.

Tuesday, 19 April 2022

Croatian Fuel Prices Shoot Up Once Again, Here Are The New Costs

April the 19th, 2022 - Inflation is still causing tremendous issues across the board in the Republic of Croatia, and rising Croatian fuel prices have been one of the most talked about problems over the last few weeks.

This morning, Croatian fuel prices shot up once again after having fallen to more respectable levels a couple of weeks ago. This morning, diesel in particular is 28 lipa more expensive than it was last night. Here are the new prices if you want to fill your tank in this countru as of today.

As Poslovni Dnevnik writes, Croatian fuel prices on sale across the country's many fuel stations has risen once again since midnight.

One litre of Eurosuper 95, which was below 12 kuna last week, now costs 12.19 kuna. In the premium version, the price has risen from 13.16 to 13.67 kuna. A full 50-litre fuel tank is as such 11 kuna more expensive now than it was last night.

A full diesel tank, on the other hand, is 12 and a half kuna more expensive than it was yesterday. A litre of diesel is 28 lipa more expensive this morning than it was at midnight last night and costs 12.70 kuna, while in its premium variants, it costs over 14 kuna.

Depending on the point of sale, a litre of autogas now stands between 6.89 kuna and 7.19 kuna as of this morning.

For more on Croatian fuel prices and inflation as this fluid situation changes, make sure to check out our dedicated news section.

Monday, 4 April 2022

Croatian Fuel Prices to Finally Drop Tomorrow - Here's the New Prices

April the 4th, 2022 - Croatian fuel prices should be finally set to drop tomorrow after last week's hike which came as a very unwelcome surprise to drivers.

As Poslovni Dnevnik writes, following on from last week's significant and entirely unwelcome increase in Croatian fuel prices, there's finally a little bit of good news for the nation's drivers. From tomorrow on, Croatian fuel prices will be lower, but they will still not be able to compensate for the increase from last week.

As such, the prices of regulated Eurodiesel in Croatia should be about 80 cents lower, while Eurosuper 95 petrol should be about 35 cents cheaper. This means that one litre of Eurodiesel should cost around 12.70 kuna, while a litre of Eurosuper should cost around 12.10 kuna. There was a significant rise in Croatian fuel prices last week. Petrol rose in price by 61 lipa, and diesel did the same by as much as 1.48 kuna, 24sata writes.

Anonymous activists announced that last night, some fuel stations here in the City of Zagreb had stickers with the image of Prime Minister Andrej Plenkovic stuck on them, as well as a derogatory message.

"We're aware that the growth of Croatian fuel prices is being influenced by many factors, but also Andrej Plenkovic's government has not done everything it could have to curb the rage in prices. They reduced VAT on some energy sources, but they didn't do the same with fuel, just as they didn't reduce excise duties as much as they could have, but only by a miserable 20-40 lipa. We demand a stronger reaction from the government, a reduction in levies and greater relief. We'll continue this action over the coming days when we intend to present ourselves to the public,'' the group of activists called the Boys and Girls of Zagreb's Asphalt ", 24sata writes.

For more, make sure to check out our lifestyle section.

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