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Croatia raises fuel and tobacco excises to cut budget gap

ZAGREB, April 16 (Hina) - The Croatian government on Thursday decided to increase excise taxes on gasoline and diesel by HRK 0.20 per litre as well as to raise excise duties on tobacco products in order to increase state budget revenues, with the explanation that this decision arose from Croatia's obligation to curb excessive macroeconomic imbalances, as requested by the European Commission.

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