EU Commission President von der Leyen says the EU's bill for fossil fuels has increased by EUR 22bln since the start of the Iran war, a robust coordination between member states for energy prices is needed
Importance
Level 1
- Looking for coordination of member states gas storage activities.
- Emergency measures would not impact the single market.
- Measures to ease energy prices should be targeted to vulnerable groups and be timely and temporary.
- Aiming to have a temporary framework for state aid this month.
- Commission is to publish proposals for energy price measures on April 22nd.
- To present proposal to lover energy taxes in May.