Slovenia receives the go-ahead from the EU to reduce excise duties on fuel
Ecofin gives the green light to the Ljubljana government’s requests: we are now awaiting notification of the formal decision
The finance ministers of the EU Member States, meeting at theEcofin, have granted Slovenia final authorisation to reduce excise duties on petrol and diesel below the minimum levels set by the European Union, for a period of six months. The measure will allow Ljubljana to lower the excise duty on petrol from 41.759 cents to a minimum of 13.95 cents per litre and that on diesel from 33 cents to 10.5 cents.
The six-month period will commence from the moment Slovenia receives the formal notification of the decision. The Slovenian Government had requested this derogation in July, citing the increase in energy costs as a significant burden on households and businesses. The Slovenian Finance Minister, Andrej Šircelj, welcomed the decision, stating that any reductions would depend on market trends. Ljubljana, however, has not yet announced any immediate reduction in fuel excise duties.
