Germany Weighs Fuel Relief as Gasoline Prices Soar
Economy Minister Katherina Reiche said a temporary cut to 7% could ease the burden at the pump as gasoline hits a new peak.
7 Articles
7 Articles
Given the high fuel prices, the Minister of Economic Affairs proposes a relief "directly at the pump". According to Reiche, a reduction of the VAT to seven percent would not reach all of them directly and would not suffice on its own.
As of October, the Union plans seven percent VAT on petrol and diesel. Such a reduction would bring more than a new fuel discount at the current record level. Calculate your personal advantage here.
Germany could reduce fuel taxes to try to protect drivers from rising prices, while the war in the Middle East is still in full swing, Energy Minister Katherina Reiche said yesterday.
German Economy Minister Katharina Reiche proposed on Wednesday to temporarily reduce the sales tax on fuel from 19 percent to seven percent. It would be a sensible step to help consumers cope with the sharp rise in fuel prices, she said on the sidelines of a meeting of G20 energy ministers. With...
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