Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Kraftstoffpreise: Katherina Reiche will Mehrwertsteuer vorübergehend senken

Angesichts der hohen Kraftstoffpreise schlägt die Wirtschaftsministerin eine Entlastung „direkt an der Zapfsäule“ vor. Eine Senkung der Mehrwertsteuer auf sieben Prozent würde laut Reiche nicht unmittelbar alle erreichen und allein nicht genügen.

Berlin - Federal Minister of Economics Katherina Reiche (CDU) has proposed lowering the value-added tax on gasoline and diesel, which would provide immediate relief "at the pump", according to a G20 energy minister meeting in the United States. She advocated for reducing the 19 percent rate to seven percent. Rising fuel prices in Germany have been attributed to ongoing conflicts in the Middle East and supply issues.

Federal Chancellor Friedrich Merz (CDU) announced state relief the previous day, though the exact form remained unspecified. Reiche had previously opposed another government intervention, having criticized the 19 percent tax cut implemented by the federal government for two months earlier this spring, which was referred to as a "tank discount".

Reiche acknowledged the concerns of citizens and logistics businesses facing high fuel prices daily. Union faction leader Thorsten Frei (CDU) had also proposed lowering the value-added tax on gasoline. It appears that the Union in the federal government supports this measure.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at handelsblatt.com →

More in Finance & Markets

More from Thursday 17 September →