Fuel profit cap ‘essential but temporary’ until June 30, minister informs

[InTime News]

A government-imposed headdress connected nett margins for petrol stations will stay successful unit until June 30 and is intended arsenic a temporary protective measurement against profiteering during the ongoing Middle East crisis, Development Minister Takis Theodorikakos said Thursday. 

The curate informed substance station representatives of the decision’s details during a three-hour meeting. Both sides reportedly agreed to cooperate successful managing marketplace pressures, eliminating the imaginable of mobilizations by state station owners.

To support the sector, the authorities will supply a €3,000 voucher to station operators required to instal currency inflow-outflow monitoring systems, aft consultation with the Finance Ministry, Theodorikakos said. 

He underlined the request for strict inspections, noting that violations of the nett cap, which was imposed past Thursday, person been “almost nonexistent,” reflecting strong compliance and liable marketplace behavior.

Fuel prices person risen sharply amid the latest Middle East crisis, with gasoline exceeding €2 per liter and diesel astatine astir €1.98, according to marketplace data.