ANRE President: Energy prices are trending down, despite a VAT increase

Electricity prices show a downward trend despite the VAT rate increase, ANRE chairman George Niculescu said on Tuesday."As long as the Romanian Government has decided to raise the VAT rate from 19% to 21%, this increase will affect all three energy components - heating, electricity and natural gas. Regarding electricity, although the VAT component rose from 19 to 21%, in the price comparator ANRE provides to consumers, supplier offers show a declining trend. ...

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