Fuel prices, Schlein: ‘The situation is unsustainable; the government should consider imposing a price cap’

Fuel prices, Schlein: ‘The situation is unsustainable; the government should consider imposing a price cap’
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Rome, 16 Oct. (LaPresse) – “With fuel prices skyrocketing, the protests by hauliers and farmers that are spreading across the South show that the situation has now become unsustainable. We cannot rely solely on the market or the goodwill of a few large companies, which, incidentally, raises competition issues with independent petrol station operators and risks reinforcing dominant market positions: we need exceptional and temporary public intervention that is transparent and regulated according to objective criteria. The government should give serious consideration to the proposal put forward by FAIB Confesercenti and FEGICA, the representatives of petrol station operators: a dynamic cap on fuel prices could be introduced by law, on a temporary basis (90 days) and reviewed every 15 days, to be activated by the Government only under exceptional circumstances verified by the Price Regulator. A dynamic price cap established according to objective criteria whilst safeguarding supply. Instead of taking it out on those protesting because they can no longer make ends meet, the government should immediately engage with the relevant sectors and the European Commission. Immediate answers are needed for households and businesses.” So said the secretary of the PD, Elly Schlein.

Rome, 16 Oct. (LaPresse) – “With fuel prices skyrocketing, the protests by hauliers and farmers that are spreading across the South show that the situation has now become unsustainable. We cannot rely solely on the market or the goodwill of a few large companies, which, incidentally, raises competition issues with independent petrol station operators and risks reinforcing dominant market positions: we need exceptional and temporary public intervention that is transparent and regulated according to objective criteria. The government should give serious consideration to the proposal put forward by FAIB Confesercenti and FEGICA, the representatives of petrol station operators: a dynamic cap on fuel prices could be introduced by law, on a temporary basis (90 days) and reviewed every 15 days, to be activated by the Government only under exceptional circumstances verified by the Price Regulator. A dynamic price cap established according to objective criteria whilst safeguarding supply. Instead of taking it out on those protesting because they can no longer make ends meet, the government should immediately engage with the relevant sectors and the European Commission. Immediate answers are needed for households and businesses.” So said the secretary of the PD, Elly Schlein.

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