This can include adverts from us and 3 rd parties based on our understanding. I have experienced a meltdown in small and medium businesses SMEs within Germany due to the rising price of diesel and petrol (hence this is an example) At present diesel has reached a record high price, while premium gasoline is also approaching its all time high, impacting motorists nationwide.
As a result of the increase, the SME Association is now calling for increased tax revenue and a petroleum allowance to be reduced. The SMEs have issued a warning to trade unions that due to the record-high costs, there could be drastic consequences for both the economy and consumers. The claim that if COVID-19 vandalism happened at the end of 2021, the pandemic would be replaced by a crisis of a different type. Hans-J rgen V lz, chief economist of the Federal Association of Medium-Sized Enterprises BVMW issued the warning to the newspapers of the Funke media group.
He said the coronavirus crisis threatens to be seamlessly replaced by a veritable economic crisis, while other European countries are recovering economically around us He also explained the damaging impacts that the stark rise in fuel prices has had on regions in Germany including the impact on employment. He added that the explosion in fuel prices is putting a massive strain on the economy, endangering jobs, growth and prosperity. The price increase in fuels will affect impact on the cost of transport, heating and materials. READ MORE: E 10 fuel swap led to diesel price rise as RAC calls for VAT cuts.
Drivers having to fill in twice as much with new E 10 fuel INSIGHT Fossil fuel crisis MAPPED: The 9 countries that use the most energy MAP Energy chief offers to help 20 energy companies on brink REPORT It comes after the price of diesel rose on Sunday, with motorists paying a nationwide average of 1.555 euros per litre, according to ADAC General German Automobile Club Whilst drivers had to pay more than ever for diesel, petrol also became more expensive as the cost rose sharply. A large quantity of the fuel price is made up of taxes and duties including the energy or mineral oil tax - mentioned by Mr V lz - which amounts to 65.45 cents per litre for premium petrol and 47.07 cents for diesel. VAT also forms part of the equation.