Sobotka: Sellers and distributors of petrol too slow to react to price fall

Finance Minister Bohuslav Sobotka says Czech sellers and distributors of petrol have been too slow to react to a fall in oil prices. For that reason the government has rejected a proposal to introduce a lower tax rate on petrol, the minister said on Prima TV on Sunday. The cost of a litre of petrol in the Czech Republic recently increased significantly following a rise in oil prices on world markets.

Author: Ian Willoughby