""We are cutting fuel prices by 25 cents per litre for all," Prime Minister Giorgia Meloni announced on Rai TG1. Consumer group Codacons calculates the actual reduction at the pump, including VAT, will be closer to 30 cents, a saving of around 15 on a 50-litre tank, enough to bring diesel back to roughly pre-conflict levels."
"To ensure companies pass the savings on to consumers, Italy's Guardia di Finanza has launched checks after the price watchdog found pumps that hadn't yet lowered prices. Oil companies must also now report daily recommended prices to the ministry or face fines of 0.1 percent of turnover."
Italy's government has implemented measures to lower fuel prices by cutting taxes on petrol and diesel. This decision comes in response to rising fuel costs, which have surged due to geopolitical tensions affecting oil supply. The emergency decree includes a reduction of 25 cents per litre, with consumer group Codacons estimating an actual reduction closer to 30 cents. The measures are temporary, lasting 20 days, and are aimed at ensuring companies pass savings to consumers while monitoring compliance with daily price reporting.
Read at www.thelocal.it
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