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Europe Daily Bulletin No. 13029
SECTORAL POLICIES / Energy

Emergency measures against rising prices, Czech Presidency of EU Council proposes new definition of surplus profits

The Czech Presidency of the Council of the European Union suggested to Member States to review the definition of “surplus profits” generated by companies active in the crude oil, gas, coal and refinery sectors, on Friday 23 September, in a new draft compromise on the proposal for an EU regulation on emergency response to soaring energy prices.

According to the Czech document obtained by EUROPE, the temporary “solidarity contribution” of the fossil fuel sector would thus target the...

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SECTORAL POLICIES
SOCIAL AFFAIRS - EMPLOYMENT
ECONOMY - FINANCE - BUSINESS
Russian invasion of Ukraine
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EU RESPONSE TO COVID-19
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