Germany tackles fuel price inflation with cheap public transport tickets

Germany has introduced nine-euro monthly tickets for public transport in an attempt to help population overcome a period of high fuel prices, British broadcaster BBC reports.
The initiative was launched on Wednesday, June 6, for a period of three months. To date, seven million Germans has bought the ticket for June allowing them to travel by all local and regional transport on trains, buses and metro, excluding inter-city trains.
In another measure to help companies and households overcome the surge in fuel prices, the German fuel tax has also been reduced by around 30 cents per litre for petrol, bringing prices down below EUR 2. The tax rate has been reduced to the EU minimum, again for the next three months, so diesel prices are also being cut by around 14 cents per litre.
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Similarly to other parts of the EU, Germany has been hit by rising energy prices, with inflation up to 7.9% in May. Chancellor Olaf Scholz told members of the German parliament in Berlin on Wednesday that the main reason of the increase in prices was Russia’s invasion of Ukraine, BBC reports.