EU governments discuss windfall tax on energy companies
Oil futures’ increase compared with their level before the Iran war
EU governments discussed a bloc-wide windfall tax on energy companies at a Dublin finance ministers’ meeting as fuel and gas prices reached record or near-record levels. Germany’s finance minister urged proposals, while the European Commission said it had no current EU-wide tax plan.
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European governments discussed imposing a bloc-wide windfall tax on energy companies.
“European governments have discussed imposing a bloc-wide windfall tax on energy companies”
Lars Klingbeil called on the European Commission to propose ways to tax what he described as excessive oil-company profits.
“called on the European Commission at a meeting of EU finance ministers in Dublin on Friday to propose possible ways to tax what he described as the excessive profits of oil companies”
Valdis Dombrovskis said the European Commission had no plans at that stage for an EU-wide taxing mechanism.
“has no plans “at this stage” for an EU-wide taxing mechanism”