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EU Commission wants to skim off price caps on Russian gas imports and excessive profits from energy companies – Economy

by Alexandra Hartman Editor-in-Chief

Brussels/Kyiv/Moscow – According to the will of the EU Commission, consumers should be relieved of income from excessive profits from energy companies. Companies that produce low-carbon energy are currently making windfall profits that don’t even begin to reflect their production costs, Commission President Ursula von der Leyen said in Brussels on Wednesday. “We want to divert these windfall gains to help particularly affected households and businesses adapt.”

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