Fuel Price Spike Reignites Push for EU Windfall Tax on Oil and Gas Profits
5 Articles
5 Articles
Fuel price spike reignites push for EU windfall tax on oil and gas profits
With fuel bills rising again, a group of EU governments including Spain, Germany and Portugal want a common tax on crisis profits to fund relief and green investments - but most of the bloc is pushing back.
The Secretary of State for Energy, Joan Groizard, has defended acting in a "common" way in the EU in relation to a possible extraordinary tax on oil companies to avoid "fragmenting the internal market" and because he recognizes that in Spain there could be difficulties in having enough parliamentary majority for its approval. Groizard has made [...] The Groizard entry defends a common response in the EU on an oil tax to not fragment the market a…
EU finance ministers are discussing the possibility of creating a tax on the extraordinary profits of energy companies benefiting from the current price volatility. The issue is under discussion at the meetings of the Eurogroup and the Economic and Financial Affairs Council in Dublin. The proposal arises in a context [...] The EU content assesses tax on extraordinary profits of energy companies appears first in e-Global.
The dialogue with the European Commission on the scrutiny of national policies can be long and exhausting. Sometimes this process requires many stages, but in the matter of dear energy time seems to be exactly what is lacking. It is convinced by Minister Gilberto Pichetto Fratin, who makes his own the saying: "To extreme evils, extremes [...] The post Strappi e ricuciture con l'Europa su caro energia e extraprofittti first appeared on Qualenergi…
Key takeaways: European ministers met in Dublin on Friday and Saturday for meetings of the Council of Economic and Financial Affairs and the Eurogroup to debate the introduction of windfall taxes for energy companies. This proposal emerges as unpredictable energy costs continue to undermine the region's economic stability. Now that geopolitical tensions in […]
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