22 Hrs
وكالة الأنباء القطرية
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وكالة الأنباء القطرية

2026-09-18T13:58:44.715Z

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وكالة الأنباء القطرية

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German Finance Minister Advocates European Oil Profit Tax

German Finance Minister Advocates European Oil Profit Tax

The German Finance Minister, Lars Klingbeil, has called on the European Commission to impose a tax on the extraordinary profits made by oil companies, with the aim of using the revenues to alleviate the burden on citizens due to rising fuel prices. He pointed out that fuel costs have become a significant burden on consumers, and that this tax could help recover some of the excessive profits that oil companies are making during the fuel crisis. This request is part of joint European efforts to address the rising energy costs, especially after a temporary tax was introduced in 2022 on the profits of oil companies, which totaled 1.8 billion euros in Germany.

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