Cost of €1.6 billion

‘German government cuts excise duty on petrol and diesel by 17 cents per litre’

Zondag 12 april kostte een liter diesel in Duitsland 2,364 euro en een liter benzine 2,164 euro. Foto: Shutterstock

In Germany, Chancellor Friedrich Merz announced an excise duty cut on petrol and diesel of 17 cents per litre. ANP reports.

As a result of the war in the Middle East, prices at the pump in Germany have also soared. On Sunday 12 April, a litre of diesel cost 2.364 euros and a litre of petrol 2.164 euros. With the announcement of the excise duty reduction of 17 cents, Merz said the situation for motorists and businesses is improving rapidly in this way. The cost of the measure is around 1.6 billion euros. It will also allow employers to pay a tax-free premium of 1,000 euros to employees.

In the Netherlands, the national recommended retail price for petrol on Monday 13 April will be €2.547 per litre and for diesel €2.686. In late March, the House of Representatives debated how to tackle rising fuel prices, but this showed division. Suggested were a price cap at the pump or reducing excise duties. In the end, a decision on this has not yet been taken.

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This article was automatically translated from the Dutch language original to English (British).

Author: Nina Koelewijn

Source: MobilityEnergy.com

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