Germany cuts energy tax to offer motorists relief from soaring fuel prices
The measure is meant to ease record pump prices as the government faces pressure to help motorists and businesses.
- On Wednesday, the Greek government announced fuel price measures targeting a market price below €1.75 per litre, raising state diesel discounts by €0.05 to €0.20 per litre to combat surging costs.
- Prime Minister Kyriakos Mitsotakis described the economic situation as a "cascading storm" testing national budgets, citing fluid conditions that necessitate regular policy reviews.
- Helleniq Energy will maintain existing gasoline and diesel discounts through October 14, while the government will review all interventions every 15 days due to the current volatile market.
- The administration will announce heating oil support before October 15, when consumers typically begin purchasing supplies for winter, extending relief beyond fuel at the pump.
- Surging fuel costs stemming from ongoing conflict in the Middle East prompted these interventions, providing immediate relief for households and businesses across Greece.
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479 Articles
Dnevni list Danas
Pančevo 013 infoThe government in its technical mandate has extended the reduction of excise duty by 25 percent on oil derivatives for one more week, until October 11, the Ministry of Finance confirmed to RTS.
The Minister of Finance and Economy has already announced that fuel prices at stations could drop by approximately 1.2–1.3 PLN per liter starting this weekend. Tax on Extraordinary Profits: After the publication of the Act on the Tax on Extraordinary Profits of Fuel Companies, fuel prices at stations could drop by approximately 1.2–1.3 PLN per liter this weekend, Minister of Finance and Economy Andrzej Domański announced on Thursday. "The Act on…
More experienced thieves are also said to use stolen or modified license plates.
The increased mileage deduction is the government's attempt to give commuters a helping hand, says Tax Minister Jakob Engel-Schmidt.
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