Germany and Greece announce fuel relief measures

fuel price relief energy crisis tax reduction heating oil prices gasoline price cap

Germany and Greece are implementing measures to combat rising fuel and energy costs.

In Germany, Chancellor Friedrich Merz announced a relief package totaling 2.5 billion euros, effective October 1. The plan includes a reduction in energy taxes on gasoline and diesel by 14 cents per liter, which, combined with VAT adjustments, will lower consumer prices by approximately 17 cents per liter. German federal states will contribute 1.25 billion euros to this initiative. Additionally, the government is discussing the potential introduction of a fuel price cap by January 1, 2027, modeled after systems in Luxembourg and Belgium.

In Greece, Prime Minister Kyriakos Mitsotakis has announced interventions to stabilize heating oil prices, aiming to keep them below 1.75 euros per liter for the upcoming winter season. The Greek government is considering a multi-pronged approach, including a horizontal increase in heating allowances for households and potential limits on profit margins within the fuel supply chain. Discussions are also ongoing regarding the possibility of a temporary reduction in the Special Consumption Tax, pending approval from the European Union.

Entities

ADAC · CDU · European Union · Federal Cartel Office · Franziska Hoppermann · Friedrich Merz · German government · Germany · Greece · Katherina Reiche · Kyriakos Mitsotakis · Lars Klingbeil

Claims

What the coverage asserts, and how many sources carry each claim.

[○ 1 SOURCE] The average price for diesel was 2.15 euros per liter, showing an increase of 7-8 cents per liter in one week.
[● 5 SOURCES] Government measures to address rising fuel costs are expected to be implemented in early October. grtimes.gr
[● 3 SOURCES] The Eurogroup is scheduled to meet in Dublin on September 18 to discuss the energy crisis. www.worldenergynews.gr
[● 5 SOURCES] The nationwide average price for unleaded gasoline was 2.17 euros per liter on Wednesday, September 16. grtimes.gr
[● 2 SOURCES] Brent crude oil prices have exceeded 105 dollars per barrel, representing a 19% increase in one month.
[○ 1 SOURCE] The Greek government has fiscal reserves of 130 to 150 million euros available to absorb economic shocks.
[● 2 SOURCES] The continued non-operation of the East-West pipeline is contributing to limited global oil supply.
[● 10 SOURCES] The Greek government is considering the activation of a new Fuel Pass and increasing heating subsidies. www.energygame.gr · www.lesvospen.gr · patrapress.gr · www.thenewspaper.gr · m.tribune.gr · +2 more
[○ 1 SOURCE] Prime Minister Kyriakos Mitsotakis announced potential interventions to support heating oil prices.
[● 8 SOURCES] The Greek government is considering implementing a cap on refinery profit margins to ensure support reaches consumers. www.paron.gr · e-thessalia.gr · patrapress.gr · www.lesvospen.gr · www.thenewspaper.gr · +2 more
[● 5 SOURCES] The Greek government has fiscal reserves of approximately 130 to 200 million euros available for energy support measures. tempo24.news · www.reader.gr
[● 11 SOURCES] Without intervention, heating oil prices could reach 2 euros per liter when distribution begins on October 15. tempo24.news · grtimes.gr · e-thessalia.gr · gr.euronews.com · www.energygame.gr · +5 more