Fuel Prices Could Prove to Be the Final Straw that Collapses the Political Careers of Europe's Current Leaders
19 Articles
19 Articles
Fuel and gas prices in the EU have reached record levels, and countries are discussing the introduction of a tax on over-profits by energy companies.
Fuel prices could prove to be the final straw that collapses the political careers of Europe's current leaders
Gas prices in Europe have hit record highs, with records broken in Germany, France, Poland, and Denmark. Diesel price records have also been shattered in Germany, France, Italy, and Latvia.Rising gas and fuel prices are intensifying pressure...
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.
2.16 € a liter of no lead, Thursday, and 2.37 € a liter of diesel. Pump prices turn around. But what explains that French motorists pay, according to the fuel, from 25 to almost 50 cents more expensive than their Spanish neighbours?
The oil surge forces European governments to reactivate their shields in order to reduce the bills of motorists faced with rising pump prices. Executives, faced with rising inflation, improvise aid plans. Each has its own strategy with obviously budgetary constraints.
European countries are stepping up measures to alleviate motorists' bills, a subject that is all the more sensitive as several states are approaching major electoral deadlines.
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