5 hours agoHigh prices Germany acts for its people-Merz plans temporary reduction of fuel tax
Periskopi(3 months ago)
(3 months ago)Germany is planning a temporary decrease in fuel taxes following talks among coalition party leaders. German Chancellor Friedrich Merz has announced that the government will lower oil taxes and gasoline by about 17 cents per litre for two months, according to Deutsche Welle. Merz early Monday said relief must [...]
German Chancellor Friedrich Merz has announced that the government will lower oil taxes and gasoline by about 17 cents per litre for two months, according to the report. Deutsche Welle.
Merz on Monday morning said relief should be passed on to consumers from oil companies to ease pressure from price hikes, Periscopi notes.
This will greatly improve the situation for drivers and businesses in the country”, Merz said.
Prices at Germany's pumps have risen significantly in recent weeks after fighting in Iran blocked most of the passage of oil tankers through the Strait of Hormuz.
This conflict, this war, is the root cause of the problems we have in our country as well”, Merz said.
Whatever the result, Merz warned that the effects of war are likely to be stable.
The German “Economia will face a considerable burden over a period extended”, he said.
