European Nations Grapple with Rising Fuel Prices; Bosnia and Herzegovina Officials Criticized for Inaction
The Middle East conflict continues to influence petrol and diesel prices across Europe, prompting varied national responses; Italy has cut fuel taxes, Germany has refused relief, and Austria's Green party has now cleared the way for a fuel price brake. Meanwhile, officials in Bosnia and Herzegovina face criticism for a lack of action as fuel prices continue to rise.
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Slashing gas taxes is good politics but terrible policy
Artificially stoking demand drives prices up in the long run.
By Editorial Board
Read full article →Some fuel price drops after diesel, petrol tax cuts
Fuel prices on some forecourts have already starting falling after the Government agreed to cut taxes on both diesel and petrol.
Read full article →The 8 at 8: Wednesday
Unresolved bicycle theft, fuel excise cuts, and proposed ceasefire plans for the Middle East.
Read full article →Italy Cuts Fuel Taxes As Iran Crisis Drives Oil Higher; Germany Refuses Relief Despite Windfall
Italy Cuts Fuel Taxes As Iran Crisis Drives Oil Higher; Germany Refuses Relief Despite Windfall Submitted by Thomas Kolbe A robust market economy unfolds its maximum absorption capacity precisely during external shocks. In such cases, policymakers would essentially only need to sit still, as the storm clouds usually pass on their own—true to the principle that high prices are the cure for high prices. This, of course, only applies to energy markets if governments have not alread...
By Tyler Durden
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