Germany extends fuel tax cuts
Photo: Michael Probst/AP/TT

Germany extends fuel tax cuts on gasoline and diesel

Germany continues with tax cuts on gasoline and diesel.

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Europe's largest economy lowered taxes on gasoline and diesel this spring as part of a move to make life easier for struggling households.

A similar tax cut will continue this fall. A new proposal, temporarily reducing the tax by 17 cents (equivalent to 1.92 kronor) over a three-month period, is set to take effect next week.

The cost of the measure is 2.5 billion euros.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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