Huge tax fraud revealed

Categories
Finance

A large-scale tax fraud has been revealed in Lower Austria. The customs investigation discovered that a 55-year-old man sold adulterated diesel in East European countries. He is believed to have earned millions of Euros. The Ministry of Finance confirmed the facts to the Austrian Press Agency yesterday evening (Tues). The damage caused by avoided tax […]

Diesel car sales up sharply

Categories
Business

The number of diesel-powered cars is on the rise in Austria despite a sharp increase in fuel prices.One litre of diesel costs around as much as the same amount of regular petrol at service stations in Austria at the moment. Some petrol stations even charge a few Eurocents more for diesel which used to be […]

Household energy costs soar up

Categories
Business

Austrian households’ energy expenditure continues to climb, new figures show.The Federal Energy Agency announced today (Mon) that Austrians had to pay 8.9 per cent more for the same energy goods and services last December than in the same month of 2009.The authority’s Energy Price Index (EPI) – which also takes car fuel rates into account […]

Salzburg petrol stations charge more than German rivals

Categories
Business

Car fuel is more expensive at Austrian motorway petrol stations than at those just over the German border, a motorists’ association has said.Arbö announced today (Weds) that diesel petrol cost 7.5 Eurocents more at stations on motorways in the Austrian province of Salzburg than at petrol stations a few hundred metres over the border in […]

Diesel sales soar despite price hike

Categories
Business

Austrians bought more diesel fuel in 2010 while the demand for regular car petrol declined year on year.The Federal Mineral Oil Association FVMI announced today (Tues) that Austrian petrol stations and industrial petrol providers sold 7.3 billion litres of diesel petrol in 2010, 3.7 per cent more than the year before. The association also said […]

High car fuel tax rate exposed by study

Categories
Business

A leading motorists’ association has criticised the high car fuel taxation rate in Austria.Arbö announced today (Mon) that 57 per cent of the price for one litre of normal car fuel and 52 per cent of what drivers have to spend on a litre of diesel are pocketed by the finance ministry.The car club stressed […]

Diesel fuel price hits new high

Categories
Business

Motorists’ unions are infuriated as petrol prices continue to soar.Car club Arbö said today (Thurs) one litre of diesel fuel cost an average 1.138 Euros in Austria as of this morning.”This is the highest price in two years,” the body pointed out, adding that a further rise was expected for next year when mineral oil […]