Hungarian motorists from border regions have started to fill up their tanks in Slovakia after fuel started running out in Budapest and several places in Hungary, wrote the TASR press agency. The reason stems from the fact that Hungary capped petrol prices at 480 HUF, equivalent to €1.17, which is roughly 35% less for diesel than in Slovakia and 27% for petrol. Nevertheless as a result of the capped prices, Hungary has a critical amount of reserves, it has started to limit the amount of fuel sold, and several petrol stations have also limited the amount of market-priced petrol and diesel, reports the napi.hu website. On Friday, a text message began circulating in Hungary, according to which the price cap on fuel was to be lifted as early as Saturday, which could have caused panic.
With Hungarians filling up in Slovakia, the situation has been reversed. Shortly after the introduction of the price cap in late 2021, Slovaks travelled to Hungary to buy cheaper fuel until July 30. Since then, only private vehicles with Hungarian registration plates, agricultural machinery and taxis can benefit from the regulated prices.
Source: TASR
