Germany begins implementing a two-month fuel tax cut to ease the burden of rising prices on consumers
Berlin, 1st May / WAM / Germany announced today the start of implementing a temporary reduction in the energy tax on gasoline and diesel for a period of two months, with the aim of alleviating the sharp rise in fuel prices for consumers as a result of the repercussions of the war in the Middle East and the closure of the Strait of Hormuz.
German Minister of Economy and Energy Katharina Reich called on oil companies to pass on the entire reduction in the energy tax on gasoline and diesel to consumers.
According to the temporary tax amendment law, fuel prices decreased by about 17 cents per liter.
According to the German Automobile Club, the price of Super E10 gasoline decreased by 10.7 cents compared to the previous day, reaching 1.976 euros per liter, while the price of diesel decreased by 10.4 cents to reach 2.063 euros per liter.
On April 24, the Federal Council approved reducing the energy tax rates on diesel and gasoline for two months, starting from the beginning of this month, by 14.04 cents per liter, which is equivalent to a value-added tax of about 17 cents per liter.
The German government linked measures to reduce fuel burdens to the rise in energy prices, and stressed that gas stations have been allowed, since the beginning of last month, to raise their prices only once a day at twelve noon, while allowing prices to be reduced at any time, and imposing fines that may reach 100,000 euros when violating the rule preventing repeated increases during the day.
-Except-.
- For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and
