Policy status:In Force
Date Effective:2001
Policy Type:Economic Instruments>Fiscal/financial incentives
Policy Target:
Agency:Ministry of National Economy and Finance
Legal References:Law 2836/2000
Description:In accordance with the Law 2836/2000, lower tax rates were set for unleaded petrol. In 2001, the excise tax was raised for leaded petrol, as well as for unleaded petrol with special additives to be used in conventional engine. These regulations will provide an incentive for replacing old-technology passenger cars by new ones. CNG (compressed natural gas) buses are exempted from the excise taxes.

Last modified: Tue, 17 Jul 2012 11:47:18 CEST