Ireland
Ireland to tap surplus, taxes on suppliers for any future energy measures - finance minister
Ireland will tap excess funds not stored in its national reserve fund if consumers and businesses require additional assistance with their energy bills beyond March next year, Finance Minister Paschal Donohoe (pictured) said on Tuesday (27 September).
Donohoe said that the first port of call to get the surplus is the one he believes we have. He was asked by a reporter if he would tap into the €6 billion national reserve funds in the first instance.
"The second port-of-call will be our participation in any EU wide energy tax measures that may be introduced. If that is not possible, the government has pledged today to bring forward our domestic tax raising measure for the energy sector."
Share this article:
EU Reporter publishes articles from a variety of outside sources which express a wide range of viewpoints. The positions taken in these articles are not necessarily those of EU Reporter. Please see EU Reporter’s full Terms and Conditions of publication for more information EU Reporter embraces artificial intelligence as a tool to enhance journalistic quality, efficiency, and accessibility, while maintaining strict human editorial oversight, ethical standards, and transparency in all AI-assisted content. Please see EU Reporter’s full A.I. Policy for more information.
-
Kazakhstan4 days agoKazakhstan cuts water use by 874 mln m³ through new technologies
-
Belgium4 days agoRecord breaking Belgian sailors making more waves
-
General3 days agoSerbia’s business environment is driving its integration into the EU
-
Maritime4 days agoEurope's peripheral and maritime regions 'combine many territorial assets', meeting told
