Vienna, 24 August 2026

Austria's Finance Minister Markus Marterbauer has joined five European counterparts in signing a letter to the Irish EU Council Presidency criticizing permanent state interventions in fuel prices, while the Ministry of Economy underscores the exceptional character of the domestic fuel price brake.

Joint letter to Ireland

The debate over the future of the fuel price brake is gaining a European dimension. On 21 August 2026, Finance Minister Markus Marterbauer and five other ministers from EU member states sent a joint letter to Irish Finance Minister Simon Harris, who, in his capacity as Tánaiste, also holds the EU Council Presidency. The letter signals skepticism toward permanent regulation of fuel prices at the European level and underscores the position of those countries that prefer market-based instruments.