Poland Plans Fuel Tax Cuts to Shield Consumers From High Prices

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000War With Iran:Poland is joining a group of countries that shield consumers from surging fuel prices with a plan to cut taxes and cap prices at the pump, according to Prime Minister Donald Tusk.The government will reduce the value-added tax and excise levies on fuels as well as impose a cap on retail prices that will be set daily in line with wholesale levels, Tusk told a news conference on Thursday.