- North Macedonia is reducing VAT on gasoline and diesel from 18% to 10% to address rising fuel prices caused by the Middle East conflict.
- The tax cut takes effect at midnight on March 23 and will last for two weeks.
- Gasoline prices are expected to remain unchanged, while diesel prices will rise slightly by €0.04 to €0.05 per liter.
- Current fuel prices are about €1.40 per liter for gasoline and €1.49 for diesel.
- Global oil prices have increased but remain below $120 per barrel.
Source: ekathimerini.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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