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Exclusive-Five EU Finance Ministers Call for Windfall Profit Tax on Energy Companies

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)

Copyright 2026 Thomson Reuters.

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