ROME (Reuters) – Italy needs to rewrite its windfall tax on energy companies that have benefited from surging oil and gas prices, Prime Minister Giorgia Meloni told parliament on Wednesday.
The previous government led by Mario Draghi expected to fund part of its measures to soften the impact of the energy crisis on firms and families through a 25% windfall tax on energy groups, but revenues have proved much lower than expected.
Meloni also said her government was ready to work on national measures to separate gas price from those of other energy sources, provided rules could be agreed at the European level.
Don't miss out on any breaking news or insightful opinions!
Subscribe to our free newsletter and stay updated on the go!
By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email.
(Reporting by Angelo Amante, editing by Gavin Jones)
