Six EU Countries Urge Windfall Tax on Energy Firms
36 Articles
36 Articles
Gas oil and petrol at record prices. Return charges. Italy also asks for a tax on profits (ANSA)
After Easter, which remained unfamiliar, the Meloni government once again evokes the tax on the extra-profits of energy companies. Always, strictly, within a European framework. The ministers of the Economy of Italy, Germany, Portugal, Spain, Austria and Poland have in fact asked the Irish counterpart who currently presides the Ecofin to open at EU level the comparison on the introduction [...] The article The price of petrol flies and the Melon…
The Economic Times
Times of IndiaSix EU countries urge windfall tax on energy firms
Six EU nations are urging a bloc-wide windfall tax on oil companies. Profits have surged due to the ongoing Middle East war and rising costs. Ministers want this levy discussed at an upcoming meeting of finance chiefs. They cite lessons learned from a similar measure introduced in 2022. Germany's finance minister believes excessive profits must be returned to consumers.
Six EU ministers call in letter for joint action against oil companies that benefit from Iran's war.
Coverage Details
Bias Distribution
- 43% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
