Decree in force: 25 cents per litre cut. Gdf checks on price compliance
Text published in the Official Journal: measures will be in force for 20 days
Key points
Immediate procedure for the approximately EUR 500 million (527.4) fuel decree approved last night, Wednesday 18 March, by the Council of Ministers. The measure (Decree-Law No. 33 of 18 March 2026) was in fact published in the Official Gazette No. 64 of 18 March 2026. The 25-cent excise tax cut therefore already takes effect today.
The cut costs 417.4 million in 2026 and 6.1 million in 2028, according to the text of the decree. The other planned measures, the tax credit for trucking and the tax credit for fishing, are worth 100 million and 10 million respectively. Much of the coverage is provided by cuts in ministries.
The Ministers of Enterprise, Adolfo Urso, and of the Economy, Giancarlo Giorgetti, have already this morning, together with the Guardia di Finanza, prepared 'an immediate control action on the fuel distribution network, as provided for by the decree-law approved yesterday', which confers new, important and extraordinary powers on the Garante per la sorveglianza dei prezzi. This was announced in a note from Mimit. A meeting of the steering committee of the Rapid Alert Commission is currently underway, where the Garante will provide the list of distribution operators and companies that have not yet adjusted their fuel prices to the excise cut.
Forced stages for the decree law cutting excise duties, after the go-ahead of the Council of Ministers. President of the Republic Sergio Mattarella signed the decree in Salamanca, Spain, where he is to receive an honorary degree on Thursday.
The text of the decree reached him on his arrival in the Spanish city from where he signed it. The decree, enacted to reduce the price of fuel, which has soared due to the crisis triggered by the war in Iran, has been in force since midnight after being published in the Official Gazette.


