The changes could reduce fuel prices by around eight cents per litre. This is less than half of the potential 20-cent price drop previously mentioned by the Prime Minister.

The amendments were fast-tracked and adopted in two readings.

Amendments to the Law on Limiting Price Increases for Petroleum Products provide for a reduction in the temporary excise duty rate for diesel from 396 to 330 euros per 1,000 litres, effective from 1 October until the end of the year. Meanwhile...