In view of the high energy prices, the EU countries have agreed on European emergency measures to save electricity and finance relief. The responsible ministers agreed on Friday that energy companies will in future have to hand over part of their crisis profits to the state, as announced by the Czech Council Presidency.

EU countries have agreed on an emergency package to relieve consumers in the energy crisis. Excessive profits from electricity companies are to be siphoned off across Europe, as the Czech Presidency announced on Friday at a special meeting of energy ministers on Twitter. Mineral oil companies and others are to participate with a multi-billion dollar “solidarity levy”. Thirdly, there are plans to save electricity.