The point

Fuel: another cut in excise duty on diesel is set to take effect; targeted support may be available by the end of the month

There are two issues to be resolved: the first, and most important, is the financial one, concerning the resources available; the second issue, on the other hand, is the next one, namely who the aid should be allocated to

DISTRIBUTORE CARBURANTE AREA DI SERVIZIO BENZINA BENZINAIO BENZINAI DISTRIBUTORI SELF SERVICE IMAGOECONOMICA

3' min read

Translated by AI
Versione italiana

3' min read

Translated by AI
Versione italiana

Another brief period of reduced excise duty on diesel for everyone. It begins today, at the same rate (-17 centesimi per litre) that has now been in place for over a month. It will last for a further five days, until and including Thursday 10 September. After that, it will be necessary to decide whether to allow more time to shift towards targeted measures – that is, the plan put forward by the Government and the ruling coalition, which was announced several weeks ago.

Mimit: self-service petrol price rises to 2.054 euros

Fuel prices continue to rise. The Ministry of Enterprise and ‘Made in Italy’ has announced that, according to the latest figures from the Mimit Fuel Price Observatory, on Monday 7 September, the average price of self-service fuel across the national road network stood at 2.054 euros per litre for petrol (2.053 yesterday) and 2.165 euros per litre for diesel (unchanged from yesterday). On the motorway network, however, the average self-service price is 2.140 euros per litre for petrol (2.139 yesterday) and 2.239 euros per litre for diesel (2.238 yesterday).

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We will have to wait until the end of the month for this ‘targeted’ aid. “The departments are working on it; 25 days might be enough to find a solution,” said Gilberto Pichetto Fratin, Minister for the Environment and Energy Security, speaking from Cernobbio.

A solution does not seem to be within easy reach because, as the minister explained, the government is ‘also working on the issue of the deviation, and so the measures must be assessed for compatibility with the European Union, including on a technical level. ‘It is now 5 September; 25 days should be enough,’ he added, playing down the possibility of aid arriving by 10 September, when the latest extension of the excise duty cut on diesel – provided for in the latest interministerial decree – is due to expire.

No agreement yet on targeted measures

The majority apparently decided on this change of course several days ago, but reaching an agreement is no easy matter. There are two issues to be resolved: the first, and most important, is the economic one and obviously concerns the resources available; the second issue, on the other hand, is the next one, namely who the aid should be allocated to.

The nodes

Discussions have been ongoing on both fronts for days. And there has been no shortage of controversy. On the first point – the possibility of tapping into energy companies’ profits (read: windfall profits) – the Lega has openly called for this, whilst Forza Italia has repeatedly rejected the idea.

Next, the discussion turns to the beneficiaries. There has been talk of the ‘Dedicata a Te’ card, which has been issued to over a million people in Italia on the basis of their ISEE. This was a proposal put forward at the start of the crisis by the Ministry for Enterprise, but it does not satisfy the League because, as Claudio Borghi explained, ‘it would mostly go to foreigners and tax evaders’. The League senator proposed instead that the middle class be included among the beneficiaries. Finally, party leader Matteo Salvini asked that the self-employed not be overlooked should the focus shift towards aid for workers, perhaps through fringe benefits.

There is also the issue of sector-specific aid, to which the various decrees have allocated more than half a billion euros. The idea would be to provide further support to businesses through tax credits, particularly those in the road haulage sector, in order to curb the rise in inflation.

A Cabinet meeting is needed to discuss the new measures

For this reason, days of discussions are expected between those who set policy and those tasked with securing the necessary resources. Not only that, but in any case, implementing the new measures will require a decree-law – and therefore a meeting of the Council of Ministers – unlike a possible extension of the excise duty cut, which, as happened on Friday, requires an interministerial decree.

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