Germany Plans To Cap Energy Bills By Taxing Electricity Producers ...Middle East

OILPRICE - Economy
Germany Plans To Cap Energy Bills By Taxing Electricity Producers
Germany intends to cap electricity prices for individual consumers and industries to help them with surging energy bills, financing part of the measure with a profit tax on lower-cost electricity producers, Reuters reported on Wednesday, citing a draft proposal from the German Economy Ministry. The plan would be partly funded by the new profit tax and partly from the planned $196 billion (200 billion euros) “defensive shield” to protect companies and consumers against the impact of soaring energy prices. At the end of September, the…

Hence then, the article about germany plans to cap energy bills by taxing electricity producers was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Germany Plans To Cap Energy Bills By Taxing Electricity Producers )

Apple Storegoogle play

Last updated :

Also on site :



Latest News