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

 

Read more in this week’s print edition or go to e-paper

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