Exclusive-Five EU finance ministers call for windfall profit tax on energy companies

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By Andreas Rinke

BERLIN, April 4 (Reuters) – Five European Union finance ministers are calling for a tax on windfall profits of energy companies in reaction to rising fuel prices due to the Iran war, according to a letter from the ministers to the EU Commission seen by Reuters on Saturday.

The finance ministers of Germany, Italy, Spain, Portugal and Austria made the joint call in a letter dated Friday, saying such a measure would be a signal that “we stand united and are able to take action”.

“It would also send a clear message that those who profit from the consequences of the war must do their part to ease the burden on the general public,” they wrote.

(Reporting by Andreas Rinke; Writing Tom Sims; Editing by Alison Williams)

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