- The Ukraine-Russia conflict caused pressure on gas and energy prices globally
- EU governments had to offer concessions on gas and electricity VAT rates
- Gas and electricity prices are stabilizing, but not back to pre-conflict levels
- Germany will reinstate the standard VAT rate of 19% on gas and electricity from 1 April 2024
Source: tungstenautomation.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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