Hungary probed over fuel subsidies ...News

Economy by : (Russia Today) -
The EU is looking into whether locals are paying less for petrol in the country The European Commission announced on Friday the launch of a so-called infringement procedure against Hungary for its locals-only cap of fuel prices. According to the report, Hungary imposes different fuel prices for vehicles with foreign and local license plates. “Vehicles with Hungarian number plates, including tractors and agricultural machinery with Hungarian documents, are entitled to lower official fuel prices by 60 to 70%. In contrast, all other vehicles with a foreign number plate cannot benefit from such reduced prices,” the st

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