Poland Restores Fuel Taxes as US-Iran Peace Talks Advance
Updated
Updated · Bloomberg · Jun 13
Poland Restores Fuel Taxes as US-Iran Peace Talks Advance
3 articles · Updated · Bloomberg · Jun 13
Summary
Poland will end reduced VAT and excise rates on fuel, Prime Minister Donald Tusk said Saturday, reversing emergency tax relief introduced during the conflict.
April tax cuts had helped keep Polish gasoline prices among the lowest in the European Union, cushioning consumers as the US-Iran crisis pushed up energy costs.
Tusk linked the rollback to progress in US-Iran peace talks, signaling Warsaw sees less need for temporary market support as tensions ease.