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

Citing surging #profits amid the #MiddleEast #war, six #EU countries, including Germany & Italy, want finance ministers to discuss the levy at next month’s meeting in Dublin.

Six EU countries are intensifying calls for a bloc-wide #WindfallTax on oil companies as profits surge amid the war in the Middle East, according to a draft letter seen by Euronews.

The finance ministers of #Germany, #Italy, #Austria, #Poland, and #Portugal, along with #Spain's economy minister, sent a joint letter to Ireland's finance minister, whose country holds the rotating EU presidency. The ministers urged that a levy be added to the agenda for next month's meeting of EU finance chiefs in Dublin.

https://www.euronews.com/my-europe/2026/08/23/six-eu-countries-push-for-windfall-tax-on-oil-companies-amid-surging-war-profits

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