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Rising fuel prices shock German motorists

Record high jump in the prices of fuel has jolted the German motorists over the Pentecost weekend. There are cries from lobby groups and experts to slash taxes.

Petrol prices have touched €1.50 per litre mark for the first time. Diesel is €1.45 euros per litre. Government is urged by the politicians and auto industry to lighten the unbearable burden on the motorists.

Rainer Brüderle, deputy chairman of FDP party talking to the paper Frankfurter Rundschau on Saturday, described government authorities in Berlin as the real oil Sheikhs. He demanded abolition of environment and motor vehicle taxes.

Ulrich Klaus Becker, Vice President of the ADAC wants hike in the tax allowance offered by the government the commuters. Talking to Kolner Express, he also demanded rethinking on ecological tax. He criticised government for burdening car drivers with numerous taxes when millions of them finding it hard to pay their next gas station bill.

Sven Janssen, spokesman of motoring group ADAC, is also critical of government apathy. According to him, with the rise in fuel prices, government’s revenue of value added tax also rises. Value added tax is 19pc of the final price of the fuel. Talking to Berliner Zeitung, he demanded that government should lower the mineral oil taxes.

Rolf Bürkl of GfK says that high fuel prices will force Germans to put off or cancel their spending on other needs, which, he fears, could hurt economic growth.

On Friday, oil prices soared to a new high of $125 a barrel.

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