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Finance Minister: High fuel prices not caused by taxes

Hungary's taxes are not to blame for high fuel prices, the finance minister said on Monday, adding that taxes on fuels were among the lowest in the European Union.

Mihaly Varga said on Facebook that the price of regular petrol contained 46 percent tax in Hungary, while in Austria that ratio was 52 percent, in Germany 55 percent, and in Slovakia and Czechia 49 percent.

Citing figures from the European Commission, Varga said the highest taxes on fuels were levied in Finland, Greece, Ireland, Malta and Italy, with a uniform 56 percent.

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