PM yields on energy windfall tax as govt feels strain

PoliticsGreek Politics Tags: Cost of living, Energy, KINAL, Mitsotakis, New Democracy, SYRIZA
Photo by Panayotis Tzamaros/Fosphotos
Photo by Panayotis Tzamaros/Fosphotos

As his government continues to slide in the opinion polls, Prime Minister Kyriakos Mitsotakis has pledged to impose a windfall tax on energy companies if they make excess profits from rising bills. He also ruled out snap elections or a change to the electoral law.

Speaking during a parliamentary debate on Wednesday, Mitsotakis responded to growing calls from SYRIZA for an exceptional levy to help fund energy bill subsidies by saying that he has instructed the Regulatory Authority for Energy (RAE) to investigate w...

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