Polish PM Tusk says they are taking measures to reduce the price of fuel by PLN 1.20, VAT on fuel is to decrease to 8%. Working on a windfall tax for energy names.

Poland's PM Tusk is taking significant steps to reduce fuel prices, including cutting VAT to 8% and considering a windfall tax on energy companies. This intervention signals a proactive approach to manage inflation and supply-side pressures, likely impacting energy sector dynamics and potentially easing costs for consumers. Watch for how this affects energy stocks and broader market sentiment in Europe.