Hungarian Bioethanol Association: the government declared war on bioethanol

The Parliament adopted next year's tax laws along with the 4662/87 amendment. The excise tax on bio-ethanol will increase by 70 HUF per liter which is together with the VAT is 90 HUF increase per liter.

This will completely undermine the ethanol industry in Hungary, which affects adversely the Hungarian corn-producing farms in economic terms, and will worsen air quality as well.
With the new tax burden, gasoline will become cheaper that the E85 green fuel. It can rise suspections even before the European Union, that the government gives unfair economic advantage to a state company – can be read in the statement of the Hungarian Bioethanol Association.