Romanian Diesel Fuel Excise Hike To Trigger 2% Hike In Prices - Minister

Diesel oil prices will rise by 2% following the increase of excise duties on diesel fuels starting 2012, Romanian Finance Minister Gheorghe Ialomitianu said Tuesday evening.

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Romanian Diesel Fuel Excise Hike To Trigger 2% Hike In Prices - Minister

According to the minister, diesel oil excises will also be hiked in 2013 to reach the minimum level in the European Union.

The Government approved Tuesday the new Tax Code, which raises excise duties on diesel fuel by 4.4% starting January 1, from EUR358/ton to EUR374/ton.

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