Italy Government To Keep Windfall Tax On Energy Cos - Industry Min
June 10 2009 - 7:34AM
Dow Jones News
The Italian government plans to keep a windfall tax on energy
companies despite the drop in oil and electricity prices, said
Industry minister Claudio Scajola Wednesday.
Scajola said, however, he is open to discuss the matter.
The reason for the tax is not "an act of an unjustified
aggressiveness, but is the consequence of a logic of social
solidarity," said Scajola at the Italian Oil Association annual
meeting in Rome.
"However, we are open to a constructive dialogue on this issue,"
he added.
The minister also told oil companies they must reduce the
country's gasoline price to be in line with the European Union
average.
--Liam Moloney, Dow Jones Newswires; +39 06 6976 6920;
liam.moloney@dowjones.com
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