What goes on in Poland on the 26th of November.
Anti-inflation shield. Poland will lower gas, energy and fuel prices
The government intends to temporarily reduce VAT and excise duty on electricity, natural gas and motor fuels in order to reduce the effects of rising inflation in Poland. Tax savings are to be worth PLN 10 billion.
– Inflation as a consequence of the pandemic is being intensified by actions beyond our control – price manipulations by Gazprom and Russia. The price of gas has increased several times compared to last year, said the Prime Minister of the Republic of Poland Mateusz Morawiecki. – We dealt with an almost 1000-fold increase in gas prices. Data from today show a 600 percent increase in gas prices year on year – calculated Jacek Sasin, Minister of State Assets. He admitted that the acceleration of climate policy and an increase in CO2 emission allowances, which last year cost EUR 28 per ton of CO2, and recently EUR 70. – All this must translate into the final product, such as gasoline at a gas station, gas going to our homes or, finally, electricity.
– For three months we are introducing a VAT reduction on natural gas from 23 to 8 percent – announced the Prime Minister. The government is also expected to lower the excise tax on fuel to the minimum level allowed in the European Union from December 20 for five months. – From January 1, 2022 to May 31, 2022, fuels will be exempt from retail sales tax. The reduction should amount to about PLN 0.20 – Prime Minister Morawiecki enumerated. The government will also cut excise taxes on electricity to 0 percent and VAT on energy from 23 percent to 5 percent.
Poland connects the border crisis with Russia’s energy loop around Moldova and Ukraine
The Prime Minister of the Republic of Poland revealed that the series of bilateral meetings with the participation of him and the leaders of the European Union and NATO countries was aimed at coordinating actions on the border crisis, as well as threats in the energy sector.
– Poland’s diplomatic offensive also affects the energy loop around Moldova and Ukraine. – We see a tightening energy loop around Moldova and Ukraine. I will talk about it in the coming days, said Prime Minister Mateusz Morawiecki, who is going to Germany on November 25.
The prime minister has already visited the Baltic states, Croatia, France and Slovenia, where he spoke about the dangers related to the border crisis, as well as several other threats appearing at the same time, including the actions of the Russian Gazprom deliberately limiting gas supply in Europe.