Italy extends €2.7 billion diesel discount through September 17
The Italian government approved a decree to keep the fuel price cut active until mid-September, representing the final broad measure of its cost-burdened package.
The Italian Council of Ministers officially extended the nationwide diesel tax cut by one week, maintaining the reduced rate through September 17. The discount amounts to a roughly 14-cent per litre reduction in tax, resulting in a consumer benefit of approximately 17 cents per litre at the pump. This extension marks the end of the broad, all-consumer fuel subsidy program. Authorities state that if additional interventions are required after the September deadline, they will utilize targeted measures aimed specifically at low-income households and professional drivers rather than general rate reductions. Total costs for this entire series of general fuel cuts, spanning from March to the present date, reach about €2.7 billion, with the latest single decree covering around €80 million.
