Italy prepares fuel relief decree incorporating social card support

Italian European Affairs Minister Tommaso Foti stated that the government plans to approve a fuel relief decree in the coming days, combining mobile excise tax adjustments with targeted financial support through a social card for vulnerable households. Speaking on the upcoming measures, Foti emphasized the need for caution due to volatile international markets, noting that "in the Gulf, every day everything can change."

The government aims to cap diesel prices below two euros per liter by applying an excise discount of up to 24.6 cents, funded through surplus value-added tax revenues and a potential tax increase on cigarettes. Technical teams at Palazzo Chigi and the Ministry of Economy and Finance are finalizing the measures as broader inflation continues to pressure household budgets across the country.

Sources: Corriere della Sera, Il Messaggero.