How European Governments Are Trying to Ease the Fuel Price Shock

How European governments are trying to ease the fuel price shock

European governments are cutting fuel taxes, offering subsidies and adjusting energy rules to ease the impact of record petrol and diesel prices. France, Germany and Spain are among those expanding support, while the EU faces the added risk of possible US restrictions on diesel exports.

Europe rolls out fuel relief as Iran war and Ukraine push energy costs up

European governments are expanding subsidies, tax cuts and rule changes as fuel costs rise sharply. The measures show how war-hit energy supplies are squeezing households, businesses and EU finances.

Europe uses subsidies, taxes and policy pauses to offset pain of high fuel prices

BRUSSELS (AP) — Wars in the Middle East and Ukraine are driving governments across Europe to craft subsidies, taxes and policy revisions that might shield their economies, companies and increasingly aggrieved citizens from record gasoline and diesel prices.