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Italy's diesel prices rise after tax cut ends
Italy has experienced a rise in diesel prices following the end of the tax reduction that was alleviating fuel costs. Production taxes have reverted to their original levels after a gradual decrease that had been ongoing since September, without activating the proposed system for moving excise taxes, which was intended to mitigate the impact of rising prices on consumers and the business sector. The land transport industry fears that this increase could undermine its ability to continue operating, with the possibility of organizing strikes in response to the higher costs. In an effort to address the crisis, the Italian government has called for a meeting with refinery companies to discuss increasing local fuel production and reducing reliance on fluctuations in oil prices.
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