The Council of Ministers approved on Wednesday a two-month extension of the reduced consumption tax rate on motor fuels, keeping the measure in force from 1 July through 31 August 2026 at a cost of €12 million.
Government Spokesman Konstantinos Letymiotis announced the decision following the cabinet meeting, noting it was taken despite a downward trend in energy prices, which continue to remain above normal levels due to ongoing geopolitical developments.
The measure was first approved by the Council of Ministers on 26 March and came into effect in April as part of a broader package of eight support measures totalling €200 million, aimed at assisting households, workers and businesses with elevated energy costs arising from international geopolitical turbulence.
