He showed a new tax. Slovnaft Refinery has been making a big profit since the outbreak of war in Ukraine because it buys cheap Russian oil. Finance Minister Igor Matovic (49) announced on Tuesday that he wants to introduce a tax on Russian oil, which is processed in Slovakia. Who would expect petrol and diesel to be cheaper is wrong. Slovaks are currently paying record gasoline and diesel prices due to Putin’s war in Ukraine. Some states are therefore trying to help the population to compensate for these high prices. However, Matovic decided to go the route of taxing Slovnaft, which processes cheap Russian oil. “We will introduce an extraordinary tax on the advantage when buying Russian oil, which will be used for processing in Slovakia,” said the Minister of Finance. That should be 30 percent of the price difference. He will present this proposal to the government on Wednesday. In one year, it should bring 280 to 290 million euros into the state budget. Is this an agreement with Slovnaft? “No, it’s not a deal. It was a negotiation, but rather an announcement by the ministry. It will be a gentleman’s agreement that Slovnaft will confirm the maintenance of price development at the pumps as before, “said Matovič. He wants to redirect hundreds of millions of euros to his project, which he wants to push on the government despite SaS’s disapproval. For example, paying for services to children. Slovak motorists do not expect lower prices at the pumps. However, Matovic says prices should not rise. The fact that they did not cap prices for petrol and diesel is on the side of SaS. It is against the extraordinary tax on Russian oil, which, according to Economy Minister Sulík, will certainly lead to higher fuel prices.
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