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Two years on, Greek government ready to give up on higher heating fuel tax
Two years after the government decided to implement a contentious increase of 440 percent in the excise tax on heating oil, data produced by Greece’s General Accounting Office (GAO) has shown that the measure was largely fruitless.
The tax rise was introduced in October 2012 with the aim of equalising the levy on fuel for heating with that for vehicles. Before then, the excise tax on heating oil was reduced during the winter (October to April) and brought back to normal levels for...
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