Czech plans to tame electricity prices to cost up to $5.3 billion, minister says By Reuters
Economy 9 minutes ago (Sep 08, 2022 14:20)
PRAGUE (Reuters) – The Czech government’s national plan to ease the burden of soaring electricity costs, including some form of a price cap, could cost up to 130 billion crowns ($5.30 billion), Finance Minister Zbynek Stanjura was quoted as saying on Thursday.
Stanjura said in an interview with daily Hospodarske Noviny, published on its website, that a planned windfall tax affecting energy groups, refiners and banks would run alongside plans to put a some cap on electricity prices in place.
The Czech government is aiming to unveil a new package of measures to tame soaring power prices next week, in what it expects would work alongside any pan-European solution to be discussed by European Union member states on Friday.
($1 = 24.5440 Czech crowns)
Czech plans to tame electricity prices to cost up to $5.3 billion, minister says
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