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Last month, Yiannis Kapeleris, the Finance Ministry's general secretary for tax and customs affairs was forced to resign after being placed under criminal investigation in a complex case involving failure to collect fines imposed on fuel companies.
"Illegal siphoning of fuel/oil has become a lucrative business owing to the market price and taxes imposed on fuel,"a recent ReCAAP ISC report said.
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Taxes imposed on fuels have risen significantly in 2010 and combined with the reduction of the available income have resulted in a sharp decline in fuel consumption.
Tax increases were imposed on alcohol, fuel and homes worth above 1 million pounds.
Environmental regulations imposed on transport fuels, especially specifications on sulfur and nitrogen content, generally boost hydrogen requirements in refining industries.
"U.N. sanctions imposed on arms and fuel to the Taliban in December 2000 are one-sided and strongly influenced by short-term Russian and U.S. interests, not humanitarian goals," the report said.
The program is based on a tax levy that will be imposed on all types of fuel in the shipping industry (per ton).
"Yet, most attention has been focused on the power plant, while no controls are being imposed on the quality of fuel oceangoing cargo ships may burn while in port".
But the law entraps many it was not meant to, including young entrepreneurs setting up businesses.Both laws come hard on the heels of an "ecology tax" on fuel and power, imposed on April 1st.
If there were any fuel tax imposed on or above that, we'd want the duty abolished".
The program to deliver oil to towns opposed to President Slobodan Milosevic is an exception to the fuel embargo imposed on Belgrade in the Kosovo conflict last spring.
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