Economy
Record Fuel Prices in Europe: German Government Intervenes
Germany plans to lower fuel prices by reducing excise duties by 17 cents per liter and introducing a price cap, responding to record highs driven by Middle East tensions. While Dutch prices remain higher without intervention, the German deal involves state contributions and aims to implement measures before year-end, marking a shift from Chancellor Merz's previous reluctance.
Ozetta summarises; the reporting is the newsroom's