Fuel prices: Three months of relief: Bundestag and Bundesrat approve another fuel discount from October 1st
The coalition pushed through the tax cut at top speed - but is that enough? There is also a green light on other issues such as child benefit, federal police and auto-posing.
The German parliament and federal council have approved a law to cut fuel taxes, providing relief to motorists from high petrol prices. The law, effective from October 1 to December 31, reduces taxes on diesel and petrol by 14.04 cents per liter, resulting in a total relief of 16.7 cents per liter. The move is expected to cost the government up to 2.5 billion euros in lost tax revenue, to be shared equally by the federal government and states. The law now requires the signature of President Frank-Walter Steinmeier to come into effect.
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.
