10.8 C
Athens
Saturday, November 27, 2021

The government is considering a ceiling and subsidy on fuel transportation costs

✚ ATHENS

Municipality of Athens: 14 new electronic services available to citizens

The total number of digital services of the Municipality of Athens now stands at 118 after the addition of 14 new ones, which are available as of today ...

Start School of Business in Serafio-Free digital education in 45 companies in Athens

A total of 45 small and medium enterprises operating within the borders of the Municipality of Athens have the opportunity to participate for free in the Start School of Business, ...

The face of the University changes with plane trees and marbles

The planters, the benches and the palm trees on Panepistimiou Street will be a thing of the past in a few days as the Municipal Council "turned on" the green light ...

In Pagrati the first public Japanese Garden in Greece

The Municipality of Athens created the first public Japanese Garden in Greece in the Nereid Park in Pagrati, just behind the building of the National Gallery ....

The 8th "pocket" park in Patisia is ready

Athens acquires another upgraded green space, this time in Patissia. Expanding the network of "pocket" parks in the neighborhoods of the capital, the Municipality ...

RAE's opinion on the fuel ceiling is expected to pass through the sieve of the Ministry of Economy.

In a meeting that will take place on Monday afternoon, under Giannis Dragasakis, it is expected that all the parameters will be examined, including the transport equivalent.

According to information, the three co-responsible ministries, Economy, Energy and Island Policy, are considering another possible "solution": the issuance of a decision which will partially adopt the proposal of the Energy Regulatory Authority (RAE) for the imposition of a ceiling and at the same time activate the law. for the transport equivalent in terms of fuel transport from mainland and island Greece, through the provision of a specific subsidy.

Based on the same information, the service of the Ministry of Economy has put the methodology of RAE under the "microscope", taking into account two criteria:

• First, whether the imposition of a ceiling will not create supply problems in the prefectures where the ceiling will be imposed. In fact, in this regard, it examines with particular attention the case of the islands.
• Second, whether the measure leads to market distortion. This is because it is possible, with its implementation, to cause the rise in prices to the height of the ceiling and at the gas stations which currently sell gasoline cheaper.

However, whatever decision the government makes, what is certain is that the measure is being investigated in the nature of short-term market intervention.

It is recalled that the opinion of RAE includes a methodology for identifying areas where imperfect competition occurs, based on which arises the need to impose a ceiling on the price of unleaded gasoline in 17 Prefectures (Grevena, Evritania, Kefalonia, Fokymou, Fokymou, Fokymou, K Lefkada, Kilkis, Zakynthos, Thesprotia, Samos, Cyclades, Chios, Dodecanese, Arcadia, Rodopi and Kastoria.
The Authority also proposes that the other Prefectures be re-examined in the process, for possible inclusion of others in the Consumer Prices regime.

At the same time, it suggests after the first week the use of the same methodology for diesel and LPG.

This paves the way for the imposition of a ceiling, if and where needed, on both of these fuels.

Opposite market players

At the same time, all the players in the retail market (Association of Petroleum Trading Companies of Greece, Panhellenic Federation of Gas Station Traders, Federation of Petrol Dealers of Greece), express their opposition to the measure.

Also, in their letters, they ask for a broad meeting to be held with the co-responsible ministries and RAE, in order to present their views.

Market participants note that RAE's methodology is wrong, as it takes into account the average price in Attica, which is known to be abnormally low due to "teased" pumps and smuggling, which are known to break in the Basin.

But even if this did not happen, as they add, it is completely unfounded to use the prices of gas stations in Attica (which can sell 1.000 cubic meters of fuel per year) with the gas stations on a small island, whose turnover may not exceed 40 cubic meters.

In addition, given that the average consumption of such an island may not exceed 10 liters (when a resident in Athens reaches 100 liters), the application of the ceiling means that it will save a few euros each month.

At the same time, limiting the profitability of service stations, many of which are barely economically viable due to the prolonged decline in consumption, could lead to additional padlocks in the market.

Padlocks that will be added to the 3.000 gas stations, which have been closed since 2009.

The same factors point out that the allegations of scandal are unfounded, as although the price of crude has risen 40% since last summer, price increases even on the islands do not exceed 5 - 10%.

Christianna Kousiou

H. Mosialos for a new Omicron variant: Those who have not been vaccinated should be vaccinated immediately

After the appearance of the new African variant Omicron of the coronavirus, the vaccinated should make the third dose and those who have not been vaccinated yet, ...

Thailand-Oman: Authorities of two countries ban travelers from African countries

The Thai authorities announced today that they will ban the entry of travelers coming from eight African countries, which are considered high ...

Ethiopia - US: Blinken expresses concern over escalation of military conflict in the country

US Secretary of State Anthony Blinken expressed his deep concern over the military escalation of the conflict in Ethiopia and called for immediate ...

South Korea: More than 4.000 cases - 52 deaths

The health authorities of South Korea announced today that as of midnight yesterday, Friday, 4.068 cases of SARS-CoV-2 were confirmed, a number which is ...

News bulletin at 10:00

"After the appearance of the new African Omicron variant of the coronavirus, those who have been vaccinated should take the third dose and those who have not yet been vaccinated, ...

ECDC: 'High to very high' risk of Omicron variant spreading to Europe

The risk of the Omicron variant of the new coronavirus found in South Africa spreading to Europe is "high to very high", he announced tonight ...

Worsening of bad weather by night with rains and thunderstorms

The weather will be improved today compared to the previous days, with local rains forecast in the eastern mainland, the Ionian, the Epirus, ...

IT HAPPENS IN ATHENS

The Christmas Factory: The largest Christmas village opens its doors in Technopolis

The happiest and safest Christmas park in the city opens its doors on Saturday, November 27, 2021. The Christmas Factory, the largest, safest ...

"Athenian Book Routes": The author Alexis Stamatis introduces us to "his" Exarchia

The pioneering program "Athenian Book Routes" continues in December with new tours in the neighborhoods. The "Athenian Book Routes", the special cultural action, which the ...

"The Greek summer" by Charles Howard at the Cultural Center "Melina" of the Municipality of Athens

The solo exhibition of Charles Howard, entitled "The Greek summer", is presented by the Organization of Culture, Sports and Youth of the Municipality of Athens (OPANDA) from December 4, 2021 ...

Event for the results of the Greek #MeToo

"#MetooGR: from staff to politics again" On the occasion of the International Day for the Elimination of Gender-Based Violence, the Diotima Center organizes the online event with ...

Rania Kapeliari's exhibition "Athens, the elegy of wandering" at Contemporary Space Athens

An exhibition dedicated to the "discovery" of the city of Athens and to a dive into history and anecdotal details concerning its neighborhoods ...