1989 - 2018 29 years in business Sunday, 22nd July 2018

EU Likely To Challenge Germany’s Road Toll Plans


Dear Clients, 

 

Germany’s new road toll, planned to be operational from 2016, is likely to be opposed

by the European Commission, reports say.

 

Under the plan, a vignette system would be introduced from 2016, onwards, requiring

drivers to purchase a sicker for either ten days, two months, or one year. The ten day

or two months stickers would cost EUR10(USD12). Or EUR20, respectively, while the

price of the one-year sticker would be calculated according to the vehicle’s engine size

and emissions, up to a maximum of EUR130.

 

The new levy would apply equally to all drivers on German roads, However, German citizens

would be effectively reimbursed via a reduction of an equivalent amount on their liability to

vehicle tax. This has raised concerns of discrimination against foreign drivers, which would

be contrary to EU law. Commission President Jean-Claude Junker previously warned that

the new toll would likely contravene EU law and has recently reiterated these concerns, in an

Interview with Germany’s Suddeutsche Zeitung newspaper.

 

Should you require any clarification, please do not hesitate to contact us at:

info@cardwell-capital.com

 

Kind Regards

Cardwell Advisory Desk
 

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