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Electricity price up 12% from 1 August
Belgrade,
11 June 2015
Minister of Mining and Energy Aleksandar Antic said today that the price of electricity in Serbia will increase 12% from August 1, and announced excise tax on electricity.
Author:
Tanjug
Antic told a press conference in the Serbian government that the amount of the price increase was agreed with the International Monetary Fund (IMF), and pointed out that the socially disadvantaged will have free 120 to 250 kilowatt-hours per month.
The price of electricity in Serbia will remain by far the lowest in Europe, and will be 50% cheaper than in Montenegro, twice cheaper than in Croatia and 15% below the price in Bosnia-Herzegovina, said the Minister.
He noted that the price increase is necessary to ensure a stable power system, new investments in the energy system of the country and the creation of new jobs.
The price of electricity in Serbia will remain by far the lowest in Europe, and will be 50% cheaper than in Montenegro, twice cheaper than in Croatia and 15% below the price in Bosnia-Herzegovina, said the Minister.
He noted that the price increase is necessary to ensure a stable power system, new investments in the energy system of the country and the creation of new jobs.
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