News

EU Energy Commissioner Simson: Response to energy crisis may include aid, tax cuts.

The response to the Euro area energy crisis may include aid and tax cuts, the European Union (EU) Energy Commissioner Kadri Simson said on Wednesday.

Additional comments

“Energy crisis hurting competitiveness risks recovery.”

“Will propose a reform of the gas market by the end of the year, and will review in that context issues around storage and security of supply.”

“European Commission analyzing member states’ proposals, including joint gas reserves.”

Separately, European Commission President Ursula von der Leyen noted that “energy prices a serious issue,” adding that the Commission will put forward energy communication.

Related reads

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.