Energy Crisis and Inflation Loom over EU Plans – Euronews
11 Articles
11 Articles
Eurogroup President Kyriakos Piarakakis stated that tensions in the Middle East are putting renewed pressure on oil and natural gas prices, warning that any potential energy support should be 'temporary and targeted'. A key agenda item for EU finance ministers meeting in Dublin is the introduction of an 'extraordinary profit tax' on energy companies that reap high profits from price increases.
Energy crisis and inflation loom over EU plans – Euronews
Energy crisis and inflation loom over EU plans – EuronewsEurozone finance ministers have gathered in Dublin to discuss rising fuel prices, inflation and weak economic growth.The reason for all this is the closure of the Strait of Hormuz and attacks on...
Any new measures to address higher energy prices should be targeted, temporary and compatible with fiscal rules, according to Eurogroup President Kyriakos Pierrakakis. Minister of National Economy and Finance and head of the Eurogroup, Kyriakos Pierrakakis, said after the meeting that developments in the geopolitical environment were […] The post Pierrakakis: Targeted and temporary new measures for energy appeared first on iEidiseis.
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parapolitika.grIf new measures are needed to address higher energy prices, they should be targeted, temporary and compatible with fiscal rules, such as ... The article Pierrakakis: We are closely monitoring energy prices – Extraordinary Eurogroup if necessary was published in NewsIT.
The Eurogroup president stressed that Europe cannot control every external crisis, but it can reduce its dependence on international turmoil. The need for the Eurozone to remain committed to the agreed fiscal path, while maintaining the possibility of taking targeted and temporary measures if pressure from energy prices intensifies, was underlined by the Minister of National Economy and Finance and Eurogroup president, Kyriakos Pierrakakis. In h…
The issue of productivity and competitiveness is also on the agenda.
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