The Italian customs agency has increased the rate of excise duty on fuel from the 1st November to 31 December 2011 to help raise funds for those affected by the recent exceptional floods and destruction in the Liguria and Tuscany regions. We should see a rise of about 1 cent per litre on both petrol and diesel fuels. The commercial trucking industry will be excluded from this rise.
The government needs to raise 65 million Euros for the unexpected finance of recent interventions.
The government needs to raise 65 million Euros for the unexpected finance of recent interventions.