The Luxembourg government announced an increase in its fuel prices between February and April 2020 in order to reach its CO2 reduction targets and reduce the number of border workers coming here to refuel cars.
This small country of 610,000 inhabitants has 234 service stations, 60% of which are on its borders. The "tourism at the pump" has represented an average of 80% of fuel sales in the Grand Duchy since the turn of the century, according to the Statec statistical institute.
But since 2015 and the increase in VAT, the ratio has fallen to 77%. Currently, the price of petrol is 37% cheaper in Luxembourg and even 42% for diesel compared to France.
As announced by the authorities of Luxembourg, gasoline will cost between 1 and 3 cents more and diesel will be more heavily affected with an increase of between 3 and 5 cents.
The petroleum sector generates tax revenues of around 2 billion euros per year in Luxembourg, or around 3% of its GDP.
Participants discussed the boundary between nature and ecotourism, whether mass visits to unique areas can remain safe, the responsibilities of investors, and how to prepare tourists for visiting specially protected natural areas.
The head of state expressed confidence that the Forum will be held at a high level, and that its results will contribute to the development of tourism in Russia and the expansion of humanitarian and business ties.
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