Today, the Italian government approved a decree-law to extend the reduction of excise duties on fuels, which are expiring Monday, until next May 1st. The Minister Minister of the Economy, Giancarlo Giorgetti, explained that the measure it also provides for targeted intervention on farms to which the 20% tax credit that was only provided for is extended for fishing companies. Giorgetti specified that there is also an intervention for SIMEST, the company that supports the internationalization of business activity Italian.

The minister announced that the burden of these measures is of approximately €500 million, of which €200 million deriving from from the increase in VAT revenue and 300 million are resources not still used from ETS auctions, the EU emissions trading that in the intentions of of the European Union should instead be used for the energy and climate transition.