European Union announces agreement on emergency measures to reduce bills in the face of soaring prices

The agreement notably provides for measures to recover part of the super-profits of energy producers to redistribute them to consumers.

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The European Union has reached an agreement on emergency measures to help households and businesses deal with soaring energy prices, the Czech Presidency of the Council of the EU announced on Friday 30 September. These measures consist in recovering part of the super-profits of energy producers to redistribute them to consumers, and in reducing the demand for electricity at peak times.

In detail, ithe plans, according to information from the correspondent of France Télévisions in Brussels, a reduction in consumption during peaks, a solidarity contribution from companies that produce fossil energy (gas, oil, coal) and a taxation of super- profits of companies that produce electricity at low cost but resell it at a high price.


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