Mar 18 • 23:15 UTC 🇪🇸 Spain El Mundo

Italy approves a decree to lower fuel prices

The Italian government has approved a decree to temporarily reduce fuel prices by 25 cents per liter in response to rising costs due to the Middle East conflict.

In a move to alleviate the financial burden on consumers due to rising fuel prices, the Italian government has enacted a decree that will reduce fuel prices by 25 cents per liter for a period of 20 days. This decision was announced by Prime Minister Giorgia Meloni and aims to counteract the increase in prices at gas stations linked to the ongoing conflict in the Middle East. The measure is termed a 'temporary and urgent action' and is anticipated to provide immediate relief to Italian motorists.

The decree, referred to as the 'fuel decree', includes a fiscal reduction on diesel, petrol, and liquefied petroleum gas (LPG) starting from March 19. Specifically, consumers will see a decrease of 0.25 euros per liter for diesel and petrol, and 0.12 euros per kilogram for LPG. This initiative demonstrates the government’s responsiveness to the economic pressures affecting everyday citizens, particularly as fuel prices have surged in recent weeks.

Moreover, Prime Minister Meloni highlighted that this reduction would mean that Italians will be paying less for fuel than their counterparts in Germany, France, and Spain, suggesting a competitive edge in fuel pricing during a period of regional economic strain. The government may view this measure not only as a way to support citizens but also as a strategic move to bolster its popularity ahead of any impending elections or economic evaluations.

📡 Similar Coverage