Germany to Introduce Fuel Price Cap and Discount Amid Record Highs
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The German federal government and states have agreed on measures to relieve motorists from high fuel prices. A fuel discount of 17 cents per liter will be implemented from October until the end of the year, with both the federal government and states sharing the costs totaling 2.5 billion euros. Additionally, a fuel price cap, similar to those in Luxembourg and Belgium, will be introduced by January 1, 2027, at the latest. Talks with the oil industry will ensure supply security. Discussions on an excess profit tax and direct payments to citizens are ongoing.
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