In a recent statement, Lithuanian President Gitanas Nausėda addressed the issue of fuel price ceilings in the context of countries facing upcoming elections. He warned that enforced price limits without appropriate subsidies could lead to a scarcity of fuel, as market dynamics dictate that if prices are artificially restricted, suppliers may not be able to sustain distribution. He emphasized that while the government could cover part of the costs temporarily through subsidies, this approach is not financially sustainable in the long run.

Nausėda suggested that measures such as price ceilings are typically adopted by governments under electoral pressure, indicating a lack of genuine long-term economic strategy. He expressed skepticism about the adoption of such measures in Lithuania, indicating his belief that they are not a viable solution, especially given the political context and the country's current economic resilience.

Instead of imposing price caps, Nausėda advocated for the introduction of targeted support for specific business sectors and vulnerable populations. He argued that a reduction in excise duties would not necessarily yield the desired effects, suggesting a more tailored approach to economic support could be more effective in maintaining stability without inciting shortages or economic inefficiencies.