Special tax for banks and energy companies: These are Madrid’s plans

For Chancellor Olaf Scholz (SPD), it is not an issue at the moment, but German Economic Affairs Minister Robert Habeck (Greens) would like it: a tax on exorbitant profits made by energy traders as a result of the Russian campaign against Ukraine and the turbulence on the energy markets. Just yesterday, a government spokesman ruled it out for the moment, referring to the coalition agreement. In Spain, by contrast, the left-wing governing alliance recently passed a very similar tax for energy suppliers and banks.

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