Eurointelligence analysis says profit is 'at expense of everyone else in EU' Hungary is set to make about £500m in yearly profits through a tax on Russian oil "at the expense of everyone else in the EU", a research agency has suggested. The Hungarian government, which gained an opt-out from an EU embargo on Russian oil, recently introduced a windfall tax of 25% on the difference between Russian crude prices and world prices. A note by the research service Eurointelligence estimated this could n...
Hungary to make $600m annual profit through Russian oil tax - research agency
The Guardian - 14 Jun 2022 16:12
Eurointelligence analysis says profit is 'at expense of everyone else in EU' Hungary is set to make about £500m in yearly profits through a tax on Russian oil "at the expense of everyone else in the EU", a research agency has suggested. The Hungarian government, which gained an opt-out from an EU embargo on Russian oil, recently introduced a windfall tax of 25% on the difference between Russian crude prices and world prices. A note by the research service Eurointelligence estimated this could n...
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