On Wednesday 6 October the Jacques Delors Institute published a paper outlining possible solutions to soaring energy prices in Europe.
In the very short term (winter 2021-2022), the think tank believes that it is up to EU Member States to use the tools at their disposal (lowering VAT, suspending taxes, direct subsidies, increasing social benefits) “to provide concrete responses to the human and social emergency”, given that the EU’s room for manoeuvre is very limited.
In the medium...