Heating Prices Up: “We Can’t Buy For 100 And Sell For 70”
- by croatiaweek
- in Business
Croats are about to be hit in the pocket again as Deputy Prime Minister Radimir Cacic announced on Wednesday that heating prices are set to rise. Croatian daily newspaper 24sata reported that the rise could be in the range of a massive 36 percent.
“This government has stopped putting its head in the sand and is telling facts to the public when it says that we can not buy something for 100 and sell it for 70,” said Cacic.
Croatian Energy Regulatory Agency (HERA) is set to confirm the price rise, but it may face resistance from local authorities who must approve the price hike.
Local City Mayors, even before HERA’s decision is released, have said that they will not agree to a price increase. The government last week amended the Energy Act and handed over all powers on pricing to HERA.
