Government rules out fuel price regulation for now

The government currently has no plans to reintroduce fuel price regulation, Prime Minister Andrej Babiš (ANO) said after Monday's cabinet meeting. The prime minister said high fuel prices are not being driven by domestic retailers, whose margins remain low, but by refineries, which he says have insufficient capacity and are significantly increasing their margins.

Babiš said the Finance Ministry’s monitoring shows retailers’ margins are no more than three crowns per litre. He expects the issue to be addressed at the European Union level.