EU plan to reduce energy bills

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Revenue generated by windfall taxes on energy companies would be ‘used to help consumers reduce their bills’, according to a plan published on Wednesday for European governments.

The European Commission (EC) measures to tackle ‘dramatic price rises’ include raising more than €140 billion from energy firms ‘with abnormally high profits’ which will be directed ‘towards their struggling customers’.

Full report in Friday’s Costa Blanca News

 

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