Six EU countries push for windfall tax on oil companies amid surging war profits

Image for article Six EU countries push for windfall tax on oil companies amid surging war profits
News Source : Biztoc.com

News Summary

  • The finance ministers of Germany, Italy, Austria, Poland, and Portugal, along Six EU countries are intensifying calls for a bloc-wide windfallTax on oil firms as profits surge amid the war in the Middle East, according to a draft letter seen by Euronews.
  • The draft letter was sent to the European Commission, the European Parliament, the Council of Ministers, and the European Court of Justice.
Six EU countries are intensifying calls for a blocwide windfall tax on oil companies as profits surge amid the war in the Middle East, according to a draft letter seen by Euronews.

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