Spain's Controversial Windfall Tax on Energy Companies Repealed in Parliament

In a surprising turn of events, the Spanish parliament has voted to repeal the windfall tax imposed on energy companies. The decision comes after intense debate and scrutiny surrounding the financial burden placed on these firms amid soaring energy prices. This rollout of the tax had been designed to assist in funding measures to combat rising energy costs for consumers, especially in light of the ongoing energy crisis exacerbated by geopolitical tensions.

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