Get all your news in one place.
100's of premium titles.
One app.
Start reading
Reuters
Reuters
Business

Germany examining whether energy levy can apply retroactively - Scholz

German Chancellor Olaf Scholz speaks as he receives the winners of the young researcher "Jugend Forscht 2022" contest at the Chancellery in Berlin, Germany September 6, 2022. REUTERS/Michele Tantussi

Germany is examining whether it is legally possibie to make retroactive a planned levy on energy companies' coincidental profits, Germany Chancellor Olaf Scholz said.

On Sunday, Berlin imposed a levy on power producers as part of a 65 billion euro ($64.44 billion) package to redistribute power profits from producers that have benefited from high gas prices.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.