6
Jul
2022
Watch
Taxing windfall profits of energy companies (debate)
Mr President, Commissioner, as inflation in the EU shot to a new record in June, cost increases are exacting a deep toll on the economy, eating into most Europeans’ wages. But for many of our largest companies and their shareholders, it has been a very different story. The pandemic, the war and the supply chain bottlenecks have created a smokescreen that allows companies to pass on inflationary co…