EU urges 'lower taxes on energy' as Irish Government to keep rising prices 'under review'

"EU member states have been told to 'lower taxes on energy' where possible as oil and gas prices have surged across the bloc due to the ongoing conflict in the Middle East."

"The Irish Government continues to say it is 'keeping everything under review' when it comes to responding to the latest price hikes, but it is yet to decide how to react."

EU member states face pressure to lower taxes on energy as oil and gas prices have increased significantly across the bloc due to ongoing Middle East conflict. This recommendation aims to help mitigate the impact of rising energy costs on consumers and businesses. Ireland's government has acknowledged the situation and stated it is reviewing all possible responses to the latest price increases. However, the Irish government has not yet committed to any specific action or policy changes regarding energy taxation or price relief measures.

Read at Irish Independent