Sarkozy says EU should cap sales tax on fuel

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Series Details 28.5.08
Publication Date 28/05/2008
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Nicolas Sarkozy, President of France, responded to growing public anger over surging oil prices by proposing 27 May 2008 to use windfall tax receipts generated by higher energy prices to subsidise the worst-hit people. He also proposed that European Union countries should also suspend VAT on fuel above a certain – unspecified – level. These proposals were part of wideranging comments made by the President on economic issues in France

Related Links
BBC News, 27.5.08: Sarkozy suggests cap on fuel tax http://news.bbc.co.uk/1/hi/world/europe/7421198.stm
Spiegel Online International, 27.5.08: 'Oui' to the 35-Hour Week and 'Non' to VAT on Fuel http://www.spiegel.de/international/europe/0,1518,555655,00.html

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