September the 9th, 2022 - Ongoing inflation is continuing to spiral, and with countries across Europe making various arrangements and creating measures to help citizens and companies through this extremely difficult period, Croatia's PM Plenkovic has now spoken out, confirming that the Croatian Government will cap electricity prices as energy bills are set to soar.
The Croatian Government was very quick in stepping in with a package of various measures when the global coronavirus pandemic reached the country and began disrupting life as we've never known it before. Many sectors across the economy are hoping for the same rapid response as inflation rises, taking the cost of energy with it.
As Poslovni Dnevnik writes, PM Plenkovic stated that this recently held session was entirely dedicated to the autumn package of measures the government intends to put into place to protect households, companies and the domestic economy from continually rising prices.
''We've dedicated as many as the first twenty points of the government session solely to this," PM Plenkovic assured.
"We are going to be opting for a very strong intervention, as we've always done until now for the benefit of the Republic of Croatia and for our citizens," he said, adding that ''we are in a time of global disruption," before showing a presentation in which the graphs clearly show an extreme rise in oil, gas and electricity prices.
"The first part of the package we're going to introduce will be to mitigate the rise in energy prices, and we've primarily concentrated on electricity costs. When it comes to households, we're going to be capping electricity prices. This measure will be fixed for the period from October the 1st to March the 1st, and as such it will cover the autumn-winter period," he said.
"Whoever spends less will of course pay a lower price. Those who use more will be put into a higher price class," Plenkovic said.
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