Italy’s PM Meloni Addresses Italy’s Fuel Price Crisis, Excise Taxes and €160M Relief Option | AC1E

Описание: Italian Prime Minister Giorgia Meloni addressed rising fuel prices and the possibility of further government intervention during the MED9 Summit in Split, Croatia.

Meloni said the Italian government is considering how best to use around €160 million available through its fuel excise mechanism, while monitoring measures already in place to contain prices.

She explained that higher fuel prices generate additional VAT revenue, which can potentially be used to reduce excise duties and ease pressure on consumers.

Meloni also discussed the impact of higher-than-expected inflation on national budgets, including automatic adjustments to pensions and other public spending, as well as rising costs for infrastructure and recovery projects.

The Italian prime minister also stressed the importance of cooperation among Mediterranean EU countries ahead of the upcoming European Council meeting.

Watch the full remarks for Meloni’s comments on fuel prices, excise taxes, inflation and Italy’s economic challenges.

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Italy’s PM Meloni Addresses Italy’s Fuel Price Crisis, Excise Taxes and €160M Relief Option | AC1E

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