EU unlikely to cap Russian gas price – Guardian ...News

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EU unlikely to cap Russian gas price – Guardian
source : Russia Today ( News ) () 27
Brussels is reportedly considering a windfall tax on the ‘surplus’ profits of energy companies The European Commission is retreating from the imposition of a price cap on Russian natural gas, The Guardian reported on Tuesday, citing a leaked document. Instead, the EU’s executive arm is pushing ahead with windfall taxes on energy companies’ “surplus” profits, the paper said. A draft regulation on the “electricity emergency tool” seen by the news outlet reportedly contains neither a price cap on Russian gas nor on imported gas. It comes as EU member states failed to agree on the issue last week. According to the do

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