Friday October 24, 2014 Search
Weather | Athens
22o C
16o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Heating oil suppliers call for 'generous' reduction on special consumption tax

The Federation of Fuel Service Station Dealers (OBE) on Monday called for a "generous" reduction of the special consumption tax on heating oil as the government is poised to put the issue before its international creditors in September.

In a letter addressed to recently appointed Finance Minister Gikas Hardouvelis, OBE argued that consumers will continue to abstain from purchasing heating fuel this coming winter unless its cost goes down significantly.

Finance Ministry officials have said that the measure of leveling the tax on heating oil with that on diesel, meant to curb illegal fuel sales, has failed, leading to revenue losses of nearly 400 million euros for the state coffers.

"Recent publications from leaked sources suggesting a reduction on the price of heating oil by 8 to 10 cents on the liter, are not just unacceptable, but are angering consumers and fuel suppliers as games are played around an issue that has plagued them," OBE said in its letter.

The federation is calling for dialogue on the proposed reduction "based on what households can tolerate and not on the preconditions of the troika."

The government is planning to submit a request to its creditors in September for the reduction of the special consumption tax on heating oil by 15 to 20 percent. If they consent, the final retail price of heating oil will drop by about 8 cents per liter this fall to reach 1.32 euros/lt, compared with 1.40 euros/lt in October 2013, provided oil prices remain the same.

ekathimerini.com , Monday June 23, 2014 (14:06)  
Tax rate cut in catering sector has paid off
Improvement in VAT collection
Just two banks seen to require more capital
Solidarity levy extended to 2016 in bid to meet targets
Interior Minister accused of not paying his health fund contributions
The health fund for journalists (EDOEAP) said on Thursday that Interior Minister Argyris Dinopoulos, a former reporter, had not paid any contributions between 2009 and 2013 but continued to ...
EU leaders to support Cyprus over EEZ rights
European Union leaders are expected to express “serious concern” on Friday at Turkey’s breach of Cyprus’s exclusive economic zone (EEZ) as it emerged on Thursday that a third Turkish warship...
Inside News
SOCCER
Panathinaikos snatches point at Eindhoven
Panathinaikos offered its fans a glimpse of its glorious past in European competitions snatching a draw at PSV Eindhoven, on an otherwise bad night for Greek soccer in the Europa League, as ...
BASKETBALL
Greens succumb to first loss at Bayern
Panathinaikos’s unbeaten run in all competitions came an end on Thursday as the Greek champion lost 81-75 at Bayern Munich for the Euroleague. Bayern is a team that improves every year, and ...
Inside Sports
COMMENTARY
Tension for tension’s sake?
It is evident that Turkish President Recep Tayyip Erdogan feeds off tension. He would barely have achieved as much as he has – and prevailed – if he had not been so keen to confront a series...
COMMENTARY
Defusing a crisis
The crisis in Cyprus is escalating rapidly and defusing it is an extremely delicate and complicated procedure that will inevitably lead to losses for the weakest of the two sides. The course...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Panathinaikos snatches point at Eindhoven
2. Greens succumb to first loss at Bayern
3. Tax rate cut in catering sector has paid off
4. Improvement in VAT collection
5. Just two banks seen to require more capital
6. Solidarity levy extended to 2016 in bid to meet targets
more news
Today
This Week
1. Strong winds hamper sea travel
2. TBEX brings together 800 travel bloggers in Athens
3. Samaras to represent Anastasiades at European Council meeting
4. Cyprus president to sit out EU summit due to high blood pressure
5. Spanish unemployment lowest since 2011 as economy grows
6. Arrivals show increase in January-June 2014 period
Today
This Week
1. Coalition shooting itself in the foot
2. The past, present and future of the Greek debt crisis
3. Greece’s closed society is central to its current malaise
4. Greece must stick to reforms, says Schaeuble
5. At least 11 banks to fail European stress tests, three in Greece, report says
6. Cyprus to block Turkey's EU talks after EEZ violation
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.