Germany cuts fuel tax and prepares a price cap two days before state elections

Berlin will cut the tax on petrol and diesel by about seventeen cents a litre from October to the end of the year, and is separately preparing the country's first fuel price cap, tied to the oil price, after pump prices hit a record 2.286 euros a litre this week. The move comes two days before state elections in Berlin and Mecklenburg-Vorpommern, where Chancellor Friedrich Merz's CDU is expected to lose ground to the AfD.

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