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Italy OKs $9 billion in energy aid, including EV incentives
The Italian government approved almost 8 billion euros ($9 billion) in aid to shield consumers and companies from soaring energy prices that are weighing on the economic outlook, including 1 billion euros for the automotive industry.
read more... 21/02/2022
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Belgium to cut VAT in response to energy price spike
Belgium will cut value added tax on electricity as part of a package to shield consumers from rising energy prices, the prime minister said on Tuesday.
read more... 02/02/2022
Spain to extend energy bill tax cuts until May 2022
Spain will extend a tax cut on electricity bills until May 1, 2022 in a bid to help consumers cope with rising energy prices, Budget minister Maria Jesus Montero said on Wednesday.
read more... 17/12/2021
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Europe facing record low gas storage by winter's end
Europe's gas storage levels could hit record lows by the end of the winter heating season due to an early cold spell and muted Russian flows, Gas Infrastructure Europe data showed, leaving consumers and companies with much higher prices for longer.
read more... 15/12/2021
Italy Minister Warns of European Blackouts Amid Rising Prices
Italy’s economic development minister warned of the risk of blackouts across Europe as Prime Minister Mario Draghi reaffirmed the government’s readiness to counter the effect of rising energy prices on consumers.
read more... 01/12/2021