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Car prices in Slovakia highest in EU

New cars in Slovakia are more expensive than anywhere else in the European Union, according to a Car Price Report published recently by the European Commission (EC).

According to the report, Slovak citizens pay an average of 8.4 percent more than the EU27 average for new cars, it was reported on July 29.

The cheapest cars in the EU are sold in Denmark, while the Czech Republic is the second-most expensive country. In the eurozone, Germans pay the most for a new car, while Finns pay the least.

During the first half of this year, the EC compared the prices of 87 models of various makes and classes without value-added tax (VAT). The Citroen C3 model, for example, is being sold in Denmark for 98.3 percent of the average EU price, while in Slovakia it costs as much as 126.6 percent of the average.

At the same time, the report indicates that price differences between individual countries are beginning to decrease, with the index of standard divergence reaching its lowest-ever level this year.

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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