Drivers in certain parts of Italy are currently shelling out a staggering $9.50 per gallon of gasoline, according to Bloomberg. The hefty fuel prices are largely the result of the European debt crisis. Italy has hiked fuel taxes in an attempt to get a handle on the country’s public debt, which has the dubious honor of being the fourth-highest in the entire world. Of course, the jump in fuel costs has only hurt consumer spending in the country, sending Italy even farther into a recession that continues to damage Fiat earnings. Funk Flex