€1.50
THURSDAY 15 SEPTEMBER 2022 • ISSUE 172
WWW.BUSINESSTODAY.COM.MT
PAGE 5
PAGE 2
PAGE 3
EU proposes windfall
levies on energy firms
Total inbound
tourists in July
estimated at
273,646
ECJ's General
Court confirms
£3.5bn fine for
Google
THE European Union has revealed
plans to raise more than 140 billion
euros to soften the blow to consum-
ers from soaring energy prices by
skimming off revenues from low-
cost electricity generators and mak-
ing fossil fuel firms share windfall
profits.
e European Commission pub-
lished the proposals on Wednesday
as the 27-member European Union
grapples with an energy crisis fuelled
by Russia's invasion of Ukraine.
Governments across Europe have
already ploughed hundreds of bil-
lions of euros into tax cuts, hand-
outs and subsidies to tackle a crisis
that is driving up inflation, forcing
industries to shut production and
hiking bills ahead of winter.
STAR PERFORMER MSE FTSE 100
EUR EXCHANGE RATES
Trading Date: 14 Sep 2022
Number of Trades: 69
Turnover: € 570,176.48
MSE TRX Index: 7,761.49
(Change: +0.598%)
Name: 4% IHI PLC SEC
MT0000111303 - Currency €
Last Traded: 14 Sep 2022
Price 101.290
Change +1.280
US Dollar 1.0217
British Pound: 0.85227
Japanese Yen: 141.16
Australian Dollar: 1.4814
Swiss Franc: 0.99322
7,470.22
-17.89
7,488.12 / 7,410.40
Value
Net variation
High / Low
-0.24%
In her State of the
Union address, Von
der Leyen made a
passionate case for a
stronger and closer
union emerging from
the overlapping crises
European Commission President Ursula von der Leyen