European Governments Cut Fuel Taxes and Add Billions in Aid as Diesel Risks Deepen
Updated
Updated · Euronews · Sep 25
European Governments Cut Fuel Taxes and Add Billions in Aid as Diesel Risks Deepen
3 articles · Updated · Euronews · Sep 25
Summary
France, Germany and Spain expanded fuel relief as record petrol and diesel prices squeeze households and businesses across Europe, with Paris adding a €450 million package and Berlin renewing tax cuts from 1 October.
Wars in the Middle East and Ukraine have tightened supplies, and EU drivers are paying an extra €203 million a day for diesel alone, according to Transport & Environment.
France widened €100 fuel payments to 5.5 million workers and brought forward energy vouchers worth €48 to €277 for 5.8 million families, while extending support for farmers, fishers and construction firms.
Germany's renewed tax cuts will trim pump prices by 17 cents a litre through year-end at a cost of €2.5 billion, while Spain kept its fuel tax break at 5 cents a litre with an automatic rise to 20 cents if inflation tops 15%.
The EU is also leaning on emergency oil reserves and looser state-aid rules, even as Brussels presses Washington to drop a possible U.S. diesel export ban that could further tighten European supply.