Germany, Italy, Spain, Portugal and Austria are calling for a tax on the profits of energy companies
Finance ministers from five countries have sent a letter to the European Commission arguing that companies that are making profits from the war must also make an effort to 'ease the burden' on their citizens.
As a result of the war against Iran, electricity and fuel prices have risen.
Five European Union finance ministers —Germany, Italy, Spain, Portugal and Austria — have called for a tax on the extraordinary profits of energy companies from the war against Iran.
Ministers from five countries have sent a letter to the European Commission, the text of which has been accessed by the Reuters news agency, stating that the introduction of a joint tax would show that 'we are united and capable of acting'.
"In addition, it would send a clear message that those who profit from war must make an effort to ease the burden on the general public," they argue in the letter.
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