On Thursday, the government passed a decree according to which traders in petroleum products can sell petrol for a maximum of 11.10 per litre for the next 30 days, and diesel for 11 Kuna. The maximum price amounts include the price of the petroleum product, excise duty and VAT.
"I believe that in the next 30 days there will be a stabilization of prices on the market and that after that period we will continue to function normally as an economy," said the Minister of Economy and Sustainable Development, Tomislav Ćorić.
The prices of oil and oil derivatives in the Republic of Croatia are determined freely, in accordance with the rules governing market relations. However, for the protection of consumers, market regulation or other justified reasons, the government may, by decree, prescribe the highest level of retail prices for certain petroleum products, for an uninterrupted period of up to 90 days.
"Taking into account the current economic situation, the unpredictability of oil prices on the world market and the impact of fuel prices on overall economic activity and the standard of living of citizens, with the aim of unhindered further economic recovery, the government decided to stabilize gasoline prices for 30 days,” said the Prime Minister Andrej Plenković.
Fuel prices in Croatia have risen significantly again since Tuesday, meaning that a litre of Eurosuper 95 is now 26 Lipa more expensive than last week, which is a consequence of rising oil prices on world markets. And fuel prices in Croatia are also rising due to the high exchange rate of the dollar.