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Draghi says will fund a new stimulus with windfall tax on energy companies

Started by forex4you, May 03, 2022, 04:48 am

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Draghi says will fund a new stimulus with windfall tax on energy companies

Some comments from Draghi:

    Gov't has approved 14B euros in stimulus measures without extra borrowing
    Gov't ready to approve further measures if economy requires it
    Gov't to party fund package by raising windfall tax on energy companies


Windfall taxes on energy companies make no sense. It's an industry that's been ravaged over the past decade and desperate needs investment to bring online new supply and build out LNG infrastructure.

Source: Draghi says will fund a new stimulus with windfall tax on energy companies

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