Germany-Fuel Tax/Energy Crisis

Fuel tax cut brings little relief amid Germany's energy crisis

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  • ID : 8501871
  • Dateline : Recent
  • Location : Germany
  • Category : Economy/Other
  • Duration : 1'57
  • Audio Language : German/English/Nats
  • Source : China Global Television Network (CGTN)
  • Restrictions : No access Chinese mainland
  • Published : 2026-10-02 14:49
  • Last Modified : 2026-10-02 20:23:38
  • Version : 1
  • ID : 8501871
  • Dateline : Récent
  • Location : Allemagne
  • Category : Economy/Other
  • Duration : 1'57
  • Audio Language : Allemand/Anglais/Nats
  • Source : China Central Television (CCTV)
  • Restrictions : Pas d’accès dans la partie continentale de Chine
  • Published : 2026-10-02 20:17
  • Last Modified : 2026-10-02 20:23:38
  • Version : 1
  • ID : 8501871
  • Dateline : Reciente
  • Location : Alemania
  • Category : Economy/Other
  • Duration : 1'57
  • Audio Language : Alemán/Inglés/Nats
  • Source : China Central Television (CCTV)
  • Restrictions : No acceso a la parte continental de China
  • Published : 2026-10-02 16:31
  • Last Modified : 2026-10-02 20:23:38
  • Version : 1
  • ID : 8501871
  • Dateline : Kürzlich
  • Category : Economy/Other
  • Duration : 1'57
  • Audio Language : Deutsch/Englisch/Originalton
  • Source : China Global Television Network (CGTN)
  • Restrictions : Für das chinesische Festland nicht verfügbar
  • Published : 2026-10-02 16:28
  • Last Modified : 2026-10-02 20:23:38
  • Version : 1

Germany-Fuel Tax/Energy Crisis

Fuel tax cut brings little relief amid Germany's energy crisis

Dateline : Recent

Location : Germany

Duration : 1'57

  • English
  • Français
  • Español
  • Deutsch


Munich, Germany - Recent (CGTN - No access Chinese mainland)
1. Various of petrol station, petrol prices
2. SOUNDBITE (German, dubbed in English) (name not given), local (starting with shot 1):
"I don't rely on a car that much right now. But my husband does, and the impact is huge. It costs twice as much now as it used to, and naturally, that takes a toll on the family."
3. Vehicle moving
4. Pump display
5. SOUNDBITE (German, dubbed in English) (name not given), local (starting with shot 4):
"What's 17 cents when the price is 2.56 euros? That still leaves us at 2.40 euros. So what's the big deal?"
6. Man pumping petrol into vehicle
7. SOUNDBITE (German, dubbed in English) (name not given), local:
"It doesn't make that much of a difference; it's still over two euros. That's still a lot. In my opinion, it needs to come down a bit more."
8. Various of people pumping petrol at petrol station
9. Logo of Nepata Group
10. Various of products of Nepata Group on display
11. SOUNDBITE (English) Bernhard Schmidt, Nepata Ceo (starting with shot 10/partially overlaid with shot 12):
"We have sea freight, we have train freight, air freight. These costs got up significantly. Some parts of that got up like 50 percent. We also see it already implemented in products. Like we have a lot of PVC films and other plastics that are directly made out of oil. So these prices got up significantly."
++SHOT OVERLAYING SOUNDBITE++
12. Various of products of Nepata Group on display
++SHOT OVERLAYING SOUNDBITE++
13. Woman pumping petrol into vehicle
14. Pump display
15. SOUNDBITE (English) Bernhard Schmidt, Nepata Ceo (starting with shot 14):
"There are hundreds of steps where you either have high energy used to make that, or transport costs because it's getting transported all around the world."
16. Various of petrol prices, woman pumping petrol into vehicle at petrol station


Germany introduced a temporary fuel tax reduction on Thursday in a bid to cushion consumers from soaring energy prices, though drivers and businesses warned the measure offers little relief against broader inflation.

The three-month tax reduction is projected to cost the federal budget about 2.5 billion euros (about 2.8 billion U.S. dollars), in lost revenue through the end of December. The policy lowers energy taxes on petrol and diesel by 14 cents per liter, or roughly 17 cents once value-added tax is included.

Yet at petrol stations across Germany, motorists expressed skepticism that the discount would meaningfully ease their financial burden.

"I don't rely on a car that much right now. But my husband does, and the impact is huge. It costs twice as much now as it used to, and naturally, that takes a toll on the family," said a local.

"What's 17 cents when the price is 2.56 euros? That still leaves us at 2.40 euros. So what's the big deal?" said another local.

Even with the reduction, retail prices remain near historic highs, leaving many consumers unimpressed by the temporary savings.

"It doesn't make that much of a difference; it's still over two euros. That's still a lot. In my opinion, it needs to come down a bit more," said a local.

The public reaction mirrors previous interventions. During the 2022 energy crisis following the outbreak of war in Ukraine, Germany similarly enacted temporary fuel tax relief. While those cuts were largely passed on at the pump, retail prices quickly rebounded as broader energy inflation persisted.

Beyond household budgets, the crisis is hitting industrial supply chains across Europe's largest economy. While the impact is immediate at the pump, compounding energy costs are squeezing manufacturers in ways that are less visible to consumers.

Bavarian equipment maker NEPATA offers a clear example of how energy inflation multiplies across global trade networks. The company relies on international components to manufacture and service its specialized printing machinery, while exporting 70 percent of its finished goods worldwide, leaving it exposed to surging transport and raw material costs.

"We have sea freight, we have train freight, air freight. These costs got up significantly. Some parts of that got up like 50 percent. We also see it already implemented in products. Like we have a lot of PVC films and other plastics that are directly made out of oil. So these prices got up significantly," said Bernhard Schmidt, Nepata Ceo.

With energy inflation hitting every stage of production and global transport, the impact of international supply shocks inevitably reaches local manufacturing hubs.

"There are hundreds of steps where you either have high energy used to make that, or transport costs because it's getting transported all around the world," said Schmidt.

ID : 8501871

Published : 2026-10-02 14:49

Last Modified : 2026-10-02 20:23:38

Source : China Global Television Network (CGTN)

Restrictions : No access Chinese mainland

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