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.