The Chancellor emphasized that Germany lacks the jurisdictional reach to impose such taxes on firms not headquartered within its borders, effectively stalling momentum for an excess profits tax. Despite this firm stance against taxing energy giants, Merz acknowledged the mounting pressure on German consumers facing record-high fuel prices.
He pledged to pursue alternative fiscal adjustments and fee structures to provide relief to households. Discussions within the coalition are expected to intensify as the government seeks a viable path forward that balances consumer support with existing legal constraints.
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