€32.4 million in fuel taxes

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€32.4 million in fuel taxes
 © In-Cyprus 2018
Consumers are being obliged to fork out €32.4 million in fuel taxes in a year over and above other taxes because of the rise in international fuel prices.  The additional €32.4 million translates into €2.7 million a month.

Last week, gasoline prices rose to €1.32 per litre, compared to 1.17 last June. Of this 70 cents were taxes.

EAC bills have risen as well: while last June consumers paid €13.6 per kilowatt hour, this month they are required to pay €15.4. Given that the average consumption for a month is 375 million kilowatt hours, the...


This article was automatically added to our system 7-6-2018

€32.4 million in fuel taxes


The contents of this article including any associated images are © In-Cyprus 2018
Views & opinions expressed in this article are those of the author and/or In-Cyprus .

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