ZAP
If the discount is eliminated, the price of fuel may rise 10%. A full deposit would be 8 euros more expensive.
From February 2022, fuel prices reached values never seen in Portugal (and other countries).
Right in the weeks following the beginning of, a liter of diesel or gasoline easily exceeded 2 euros. Week after week, price climbs were constant.
To try to soften the situation, in May 2022 the government ISP’s descent – Tax on oil and energy products.
O discount even if maintains, although with values that were changed, but now the European Commission tries to end with this support from the Portuguese government.
From Brussels has arrived a letter sent to the government, so that it takes “concrete actions” to end the discount, quotes the.
The European Commission considers that the extension of this discount, until today, “It is not in line with the recommendations of the European Council.”
The priority of Portugal, according to Brussels, should be “reduce the global dependence of fossil fuels in the transport sector, in particular through gradual elimination of fossil fuel subsidies”.
Therefore, the Portuguese Government should “present a update on recent and planned progress for the total reduction of emergency energy support measures and the gradual elimination of fossil fuel subsidies.”
And there should be a “Decisive action from Portugal to resolve these issues ”.
The same newspaper that, if the discount is eliminated, the fuel price can rise 10%. One Full deposit would be 8 euros more expensive.
However, according to João Duque, the price of fuels can keep up, Even with the end of the ISP discount.
On the radio, the economist explained: “It was enough that the rule of VAT application was made on the basewhich is the cost of fuel, and eventually the cost of transportation, and we had room to accommodate the climb that will be reducing a discount. That is, to realize, It is possible to end the ISP discount, but maintain the price of fuels at the current level, more or less“.
But, warns, this measure is not realized “because It gives a lot to the tax collection. VAT’s revenue is much more advantageous for the state. ”
At this point, there is a 13.2 discount per liter in gasoline and 11.7 cents in diesel.
This is not the first time the European Commission has tried to climb the ISP in Portugal. Last year, he left one in the same direction, at the time ignored by the Portuguese government.