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68 new news items in the last 24 hours
  1. Home
  2. Economy

The Minister of Finance states that the reduction of the excise duty on fuels does not guarantee a decrease in price.

Raluca Ioana Draghici
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17 March 2026, 05:08
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Economy
Inquam Photos / George Călin
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Alexandru Nazare, the Minister of Finance, stated that there are several proposals regarding how Romania should respond concerning the fuel excise tax.



Although analyses have been conducted, he emphasized that the Government will discuss these proposals and will make a decision soon. Nazare was cautious regarding the reduction of the excise tax, mentioning that a 40% reduction cannot be budgetarily supported at present. He emphasized that a decrease in the excise tax does not automatically guarantee a reduction in fuel prices.



Prime Minister Bolojan supported the same idea.



Nazare emphasized the importance of controlling economic operators who hold fuel stocks, which are not influenced by current prices.

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Economica
Nazare spune că scăderea accizelor la carburanţi nu garantează scăderea preţurilor
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Financial Intelligence
Nazare: Suntem în general rezervaţi în a acţiona asupra accizei; nu garantează scăderea preţului
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Capital
Prețul carburanților. Guvernul ezită să scadă accizele. Alexandru Nazare: Nu garantează scăderea preţului

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NEWS ON THE SAME TOPICS

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Current Affairs
Measures to prevent fuel shortages, including a dynamic reduction of the excise tax, announced by the Minister of Finance Alexandru Nazare
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Irineu Darău: "No matter how easy or populist it may be to promise some prices or even to limit them, great care must be taken / You cannot guarantee a price, but you can end up with shortages."
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Ilie Bolojan stated that the state cannot control the rise in fuel prices due to international factors.
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Cristian Bușoi, Secretary of State at the Ministry of Energy, stated that fuel prices remain high due to international oil prices and the Platts index
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PSD will support on Monday a package of measures to reduce fuel prices, including lowering VAT and eliminating the excise duty on diesel.
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Bogdan Ivan: "More than half of the aid provided by the state" through the reduction of the excise duty on diesel was "swallowed up" by the increases of the oil companies.
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Alexandru Nazare Minister of Finance fuel excise duty price cuts

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