(...) The Czech Presidency of the Council and
the European Commission highlighted the measures already in place to
secure alternative energy supply sources, reduce energy demand and
address the high market prices of electricity and gas. Commission
Vice-President Valdis Dombrovskis said member states must ensure
measures are properly targeted towards the most vulnerable, as blanket
fiscal support would fuel inflation. He also called for prudent fiscal
policies that do not exacerbate inflation.
During the debate, MEPs called on the Commission to be more proactive in addressing the current price shock. Some called for the EU to work on a solidarity package for the winter with fiscal transfers to offset the energy prices, while others proposed a “shield” to protect citizens and businesses. Other MEPs urged the EU to cushion the risk of variable interest rates on mortgages, and warned against national fiscal measures distorting competition in the single market.(...)
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