Concerned about the impact of inflationary pressures on the purchasing power of European citizens, the EU27 leaders discussed, on Friday 24 June, various ways in which the rise in energy prices could be mitigated at European level. The possibility of developing new budgetary instruments to relieve Member States from tighter financing conditions and/or to facilitate investments in energy transitions was also discussed.
Although growth will be achieved in 2022 and 2023, the Russian invasion...