Govt finds devil is in detail for windfall tax on power companies

PoliticsGreek Politics Tags: Cost of living, Energy, New Democracy, SYRIZA
Photo via https://flic.kr/p/2jr5z2o
Photo via https://flic.kr/p/2jr5z2o

Prime Minister Kyriakos Mitsotakis’s pledge to tax the “windfall” profits of power companies appeared to provide a neat solution to aspects of the ongoing energy crisis, however as details emerge it is becoming a source of more political controversy.

Opposition SYRIZA has been piling pressure on the New Democracy government to fund support measures for high energy costs out of the “windfall” profits of the power companies, who it claims have been allowed to benefit from the energy crisis. Mitsotakis...

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