I. Ruginiene mentioned the decision about fuel price ceilings, it may cost dearly: 'This could be expensive'
As global oil and fuel prices rise, discussions in Lithuania about potential price ceilings on fuel have sparked skepticism from economists regarding their effectiveness and feasibility.
Economists: There is no need to set fuel price ceilings, but rather to consider adjusting the excise tax.
Latvian economists argue against imposing fuel price ceilings, advocating for flexible adjustments to the excise tax as a more effective solution to manage fuel prices.
Koo Yoon-cheol: Visit to Gas Station for Price Gouging… Expectation for Oil Prices to Normalise Soon
The South Korean government is set to begin inspections of gas stations to address excessive pricing of oil starting from the 6th, with measures being considered to implement price ceilings across regions and types of fuel.
Rent Control Reform: The Next Cap
The German Federal Ministry of Justice seeks to cap index rents and tighten regulations around rent price ceilings to alleviate the burden on tenants.