Government approves fuel tax cuts and other fiscal measures

The Council of Ministers has approved a new decree that includes a cut in diesel taxes and an exemption from vehicle tax for cars with a power of up to 80 kW. The diesel tax cut has been extended until October 5, initially offering a reduction of 10 cents per liter, which will later decrease to 5 cents. This is the sixteenth measure implemented since March.

Regarding vehicles, the tax exemption will apply only until 2027 and will be limited to one vehicle per person. This measure has been introduced as part of broader fiscal policies aimed at supporting the most vulnerable segments of the population, although financial coverage remains a concern, according to several reports.

The government is also working on specific measures for workers in the supply chain of the former Ilva. A meeting was held at Palazzo Chigi with metalworkers' unions to discuss possible strategies, ahead of a Supreme Court hearing scheduled for October 20. After the meeting, the government requested an update on the discussions for October 20.

Supply chain companies announced they would suspend layoffs until the Supreme Court ruling. The current situation requires careful management by the government and social partners, as efforts are made to address the complexities associated with this delicate economic situation.

Returning to fuel, the Council of Ministers further confirmed its commitment to support families and businesses through fiscal measures, particularly regarding diesel, to ensure that the most vulnerable economies are not harmed by fluctuations in energy prices. However, the question of the financial coverage needed to maintain these discounts remains unresolved.

Finally, the government is under pressure as it awaits new decisions from the judiciary regarding the former Ilva case, with plans being considered to support supply chain workers, who are still waiting for a more stable economic recovery.