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Euronews
Euronews
Sertac Aktan

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

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.

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