Finance and economy ministers from Austria, Germany, Italy, Portugal and Spain are pressing for the European Commission to impose windfall taxes on energy companies as they profit from the crisis caused by the Iran war, dpa learnt on Saturday.
The ministers point to a solidarity levy imposed during the energy crisis that followed the Russian full-scale invasion of Ukraine in February 2022 in a letter addressed to Climate Commissioner Wopke Hoekstra.
The commission should rapidly introduce a similar EU-wide instrument based on solid legal foundations, given the current market distortions and financial pressures, the letter said.
An EU-wide solution would signal to EU citizens and business that the bloc was standing and acting together to compel those profiting from the war to make their contribution to easing the burden.
The proceeds should be used to finance measures to ease the burden on consumers and to limit price rises without imposing additional burdens on EU budgets, it said.
latest_posts
- 1
Step by step instructions to Utilize Open Record Rewards for Your Potential benefit - 2Affordable Care Act enrollment is slightly ahead of last year, despite expiring subsidies
- 3Disability rights activist and author Alice Wong dies at 51
- 4Was This Driver Simply Having Some good times Or Behaving Like An Ass?
- 5Cathay Pacific raises fuel surcharge on all flights by 34%
- 10 Moving Design Frill for Summer 2023
- Ethiopian earthquakes and volcanic eruptions: earth scientist explains the link
- Nuno Loureiro, MIT physicist, fatally shot at home; police investigate
- Step by step instructions to Prepare with Senior Protection for Inward feeling of harmony.
- Illustrations Gained from a Crosscountry Excursion
- McDonald's is bringing two 'KPop Demon Hunters' meals to McDonald's. Here's what they include and when they launch.
- Fake new headlights rule steer Australian drivers astray
- Agios Pharma shares jump as US FDA expands approval for its blood disorder drug
- A Timeline of Rising Antisemitism in Australia
