Look at Fuel Prices in Europe. Governments Announce Measures, Protests Begin
5 Articles
5 Articles
BECAUSE of record fuel and gas prices, EU governments are considering introducing a tax on the extra profits of energy companies in order to alleviate citizens' discontent ahead of the upcoming elections.
European governments are considering introducing a EU-wide windfall tax on energy companies. The reason: near-record fuel and gas prices. Politicians are desperately trying to contain growing public discontent, reports The Guardian.
<p>Economist João Loureiro analyzes the measures the government has taken to mitigate the increase in cost of living, in particular the rise in fuel prices.</p>
And where is Croatia?
Fuel and gas prices in Europe are reaching record levels, and German Finance Minister Lars Klingbeil has asked the European Commission to consider the possibility of introducing a tax on the extra profits of oil companies in order to curb their profitability in the current crisis.
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