Italy may extend excise duty cut on fuels, seeks more lenient EU budget rules - Reuters

<a href="https://news.google.com/rss/articles/CBMivwFBVV95cUxOSlhXcWprczRvMmdQWERZdkxTR1hTQmY3Ull3SER2TjVLMlRab3JJX1VTT3duX2dRUzhXYl9fbmpsNVE0R2xIMTNFd3NLeFpyYlRwbnE4d0R0aHN5THhwY0d4V3Y0WV9maUg2bGY4YlhUdnBGZmkxaWdVRWJITDZkcHN5WktpNVZWREJiR3BON2FwYzNsc1dWUEZpNXN4ZkpvZ0xOZjNyekJNR0I2NUlucmpzNXZDSnZmNFlWTFVQWQ?oc=5" target="_blank">Italy may extend excise duty cut on fuels, seeks more lenient EU budget rules</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

Italian Prime Minister Giorgia Meloni announced the possibility of extending fuel excise duty cuts beyond May 1 to assist families and businesses with rising energy costs. She also called for the European Commission to allow budget flexibility for energy spending, similar to that granted for defense.

Prime Minister Giorgia Meloni indicated that a potential extension of excise tax cuts could be shorter than previous ones and more focused on diesel fuel, aiming for a more balanced impact across fuel types.

Italy's Foreign Minister Antonio Tajani urged the European Commission to grant member states the same budget leeway for energy-related spending as is currently allowed for defense, to help fund costly aid measures for firms and families amid rising energy costs.