The measure is expected to cut pump prices by more than 1 leu.
“We proposed a solution to ruling coalition leaders to temporarily reduce by 50% the excise duty on fuel, a measure that would reduce pump prices immediately by more than 1 lei. The proposal was validated at today’s (Tuesday, ed.) meeting, therefore, in the coming period we will hold talks with the European Commission and major fuel services companies to reduce fuel prices to a level that is bearable for all consumers, either natural persons or companies”, Adrian Caciu said in a Facebook post on Tuesday (Feb 22) after the meeting of the ruling coalition.
Ruling coalition leaders have reached an agreement in principle to halve the excise duty on fuel, political sources told news agency MEDIAFAX.
The intention was announced on Monday (Feb 21) by Marcel Ciolacu, head of the Social Democratic Party (PSD).