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Schnitzer on why Germany's fuel discount evaporated

Original: monika schnitzer

Economist Monika Schnitzer is drawing attention in Germany over the failure of the federal fuel discount to reach drivers at the pump. The energy tax was cut by 16.7 cents per litre, but analyses show the relief largely evaporated before reaching consumers, with oil companies and petrol stations absorbing much of the benefit instead. Commentators are questioning why the relief scheme fell short.

Why now: Debate has reignited over who actually benefited from Germany's temporary energy tax cut, with Schnitzer a prominent voice in the discussion.

Monika SchnitzerGermanySachverständigenrat

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