Berlin Calls for a European Tax on Oil Superprofits
8 Articles
8 Articles
The German Finance Minister, Lars Klingbeil, told journalists to wait for "the European Commission to finally put forward proposals on what a tax on super-profits, particularly oil companies, might look like" at a ministerial meeting in Dublin, criticising the European executive for "reticence" in taking over this issue. The Finance Ministers of Germany, Italy, Austria, Poland and Portugal, as well as the Minister of Economy of Spain, had claime…
The German Vice Chancellor and Minister of Finance, Lars Klingbail, criticized the European Commission for its slowness in imposing a tax on the over-profits of oil concentrates. "The Commission is taking a too low stance," said Klingbail in Dublin prior to the EU finance ministers' meeting. He stressed that Brussels should "end up" and submit proposals for the introduction of a tax on super-profits, and transmitted to RIA News with reference to…
In the face of rising energy prices, several European states want to tax oil tankers' record profits to support households and businesses.
In view of the high petrol station prices, the Federal Finance Minister criticizes the European Commission and calls for more speed from Brussels.
With a special European tax, Finance Minister Klingbeil wants to take advantage of exceptional profits from the oil industry and relieve drivers. He is looking for support in Spain and Poland - in his own government the plan is met with rejection.
Vice Chancellor of the Federal Republic of Germany and Minister of Finance Lars Klingbail criticized the European Commission for its slowness in imposing a tax on the over-profits of oil products.
Coverage Details
Bias Distribution
- 40% of the sources lean Left, 40% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
