ADVERTISEMENT

EC, EU states object to Hungary’s fuel-additive plan

EU

Several European Union member states have raised objections to the Hungarian government’s plan to use additives as an identifier in fuel to prevent black market sales, daily newspaper Népszabadság reported today.

The European Commission, Austria and Poland attached their “detailed opinions” to a draft of the plan sent to Brussels, the ‘paper said, without citing any sources. The Czech Republic, Romania and Slovakia reportedly also expressed concerns about the plan which could go against the EU tenet of free movement of goods between member states.

The government presented the plan to Parliament late last year. Petrol station operators responded to the suggestion saying black market sales of fuel were insignificant and the tax authority was doing its work well, adding that there is no international precedent for such a practice.

ADVERTISEMENT

IMF raises Hungary 2021 GDP growth forecast to 7.6% Analysis

IMF raises Hungary 2021 GDP growth forecast to 7.6%

Parliament approves amendment to Competition Act Parliament

Parliament approves amendment to Competition Act

New CEO announced at Codic Hungary Appointments

New CEO announced at Codic Hungary

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.