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Reliefs: Fuel discount and price cap - What do the measures bring?

Chancellor Merz has promised rapid relief, now it's actually supposed to come. What the measures will bring - and who has prevailed.

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Reliefs: Fuel discount and price cap - What do the measures bring?

The German government has reached a compromise to reduce fuel prices, with two measures aimed at alleviating the burden on citizens. The measures include a cut in energy tax on fuel by 14 cents per liter, which will take effect from October 1 and is expected to result in a 17-cent reduction in price per liter. Additionally, the government will negotiate with the oil industry to introduce a fuel price cap by January 1, with the goal of protecting consumers from high prices.

The measures are expected to cost around 2.5 billion euros, with the federal government and states sharing the costs.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at handelsblatt.com →

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