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Gov't to cut gas price through VAT drop

The government plans to decrease the price of petrol by Ft 10-12 from the first week of October, Prime Minister Ferenc Gyurcsány announced after returning from his trip to China. The government had earlier planned to cut the VAT part of the petrol price from 25% to 20% and this cut was planned for January next year. However, as the price of petrol is seriously on the rise, the government will introduce the VAT cut from October already, Gyurcsány said. (Nb 1, MH 1, Nv 1, NG 2) M.K.