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EU to Assess Windfall Tax on Energy Firms to Soften Price Shock

Summary by Irish Examiner
'We can see how refineries and oil companies are profiting from this crisis, while consumers are ultimately the ones bearing the burden'

46 Articles

Lean Left

EU Commissioner Dombrovskis: on extra-profits better intervene at national level. The Treasury insists with Brussels on inflation

·Turin, Italy
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Lean Left

European Economy Commissioner Valdis Dombrovskis reaffirmed Friday the European Commission's refusal to boost the imposition at EU level of a tax on exceptional profits from energy companies as a result of price increases caused by the Middle East conflict, an initiative from a group of Member States, reports the EFE agency, taken by ...

·Romania
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Lean Left

The dossier on the taxation of the extra-profits of the energy companies returns to the table of the Union. L'Ecofin, meeting in Luxembourg, agreed the need to deepen the possibility of introducing a levy on the extraordinary profits of the companies in the sector, entrusting to the officials further technical verifications. At the same time, the European Commission will set up a working group to share the experiences [...] The article Extra-pro…

·Rome, Italy
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Center

The European Economic Commissioner, Valdis Dombrovskis, reaffirmed Friday the European Commission's opposition to the introduction of a common European Union tax on exceptional profits from energy companies, on the basis of rising prices caused by the Middle East conflict.

·Bucharest, Romania
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Center

The European Commission is examining the effects of an EU-wide super-profit tax on energy companies, Bloomberg reports.

·Budapest, Hungary
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ANSA broke the news in Rome, Italy on Wednesday, October 7, 2026.
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