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Gulyás: Only Hungarian cars can buy fuel at government-capped prices

Since Hungarian fuel prices are the lowest in Europe, fuel tourism around the border has grown so it is now threatening uninterrupted supply.

Gergely Gulyás, Head of the Prime Minister's Office, said only Hungarian cars may buy fuel at government-capped prices, cars with foreign number plates will have to pay market prices.

Since Hungarian fuel prices are the lowest in Europe, fuel tourism around the border has grown so it is now threatening uninterrupted supply, he said. “Foreign buyers are exploiting the fact that Hungary is able to maintain petrol prices at HUF 480 (EUR 1.20) per liter, while they are at HUF 700-900 elsewhere in Europe,” he said. To prevent such “abuse”, only cars with Hungarian registration certificates will be allowed to buy petrol at HUF 480 per liter in Hungary. Others will have to pay the market price, he said.

Photo credit: MTI