Five EU states press for windfall taxes on fossil energy sector
04.04.2026
Finance and economy ministers from Austria, Germany, Italy, Portugal and Spain are pressing for the European Commission to impose windfall taxes on energy companies as they profit from the crisis caused by the Iran war, dpa learnt on Saturday. The ministers point to a solidarity levy imposed during the energy crisis that followed the Russian full-scale invasion of Ukraine in February 2022 in a letter addressed to Climate Commissioner Wopke Hoekstra.