Italy Cuts Diesel Tax and Seeks EU Fiscal Room for Energy Aid

🇮🇹 Bloomberg (IT) —

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Italy has approved a temporary diesel tax cut lasting through August 6 to alleviate surging energy prices amid the expanding Middle East conflict. The government is also seeking EU fiscal space to aid energy support measures.

Italy approved a temporary tax cut on diesel fuel through Aug. 6 as the government seeks to cushion the impact of surging energy prices following the widening of the conflict in the Middle East.

World Politics Energy Italy diesel tax cut energy prices Middle East conflict EU fiscal policy

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