Six EU countries are intensifying calls for a bloc-wide windfall tax on oil companies as profits surge amid the war in the Middle East, according to a 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.

...

Archived