Energy crisis and expensive bills, the best are abroad: other countries have already intervened

Energy crisis and expensive bills, the best are abroad: other countries have already intervened

While the Italian government, that of the “best” to be clear, remains paralyzed, the other European countries have already taken measures against expensive bills. It is quite impressive to read the note from Palazzo Chigi that informs that the Minister of Economy, Daniele Franco, managed to put 6.2 billion euros on the plate of “increase in revenues” that will finance the new aid decree.

On the same day, the UK launches a £150bn maxiplan over the next two years, totaling €180bn. Germany a few days ago allocated 65 billion. France extended the 4% cap on electricity increases until the end of the year. And Spain continues to guarantee lower tariffs to its citizens thanks to the gas price cap.

For the record, it must be emphasized that all these governments are in the fullness of their functions, while the one presided over by Mario Draghi is in office only for ordinary administration. It is also true, however, that on July 21 the head of state, Sergio Mattarella, made it clear that the prime minister would continue to exercise full powers in the face of four national emergencies: PNRR, pandemic, war in Ukraine and, indeed, , inflation driven by energy prices. Still, it takes time.

UK

Liz Truss has only been prime minister for two days, but steps in anyway with the £150bn maximum plan. “Time to be bold,” he explains. The mountain of resources serves to introduce a cap on accounts of 2,500 pounds a year (almost 2,900 euros). The British, therefore, are now sure that they will not spend more than this amount.

That will avoid the dreaded 80% jump expected for October, which has threatened the finances of millions of households and businesses. The measure equates to savings of around £1,000 a year from anticipated price increases. The measure comes in addition to the BRL 400 bonus per family already paid by the government on the initiative of the former Chancellor of the Treasury, Rishi Sunak. In addition, energy prices will be frozen for companies for six months. At the same time, more than a hundred gas and oil explorations will be launched in the North Sea and the ban on “fracking”, an extraction technique considered polluting, will be lifted.

GERMANY

The German plan doesn’t match the numbers of the British, but it is no less ambitious. The 65 billion provided by the Berlin government will make it possible to distribute an “energy voucher” of 300 euros to millions of retirees. Another 200 euros goes to students and interns. The price of electricity will be controlled up to a certain limit. The extra profits of the energy companies will be taxed, with an initial collection of 2 billion.

The “advantageous” ticket for the use of transport will be renewed. And family allowances will be increased by 18 euros. Chancellor Sholz promises that the aid plan will be “massive”, capable of concretely helping German families.

FRANCE

Last January, Paris set a 4% cap on increases in electricity bills. At the end of August, the Minister of Economy, Bruno Le Marie, guaranteed that the “regulated tariff” will remain in force throughout 2022. And he made a commitment to extend it to gas as well. Meanwhile, three days ago Emmanuel Macron and Olaf Scholz signed an “energy solidarity” pact that will guarantee mutual aid in case of need. The agreement stipulates that France will supply gas to Germany, which in turn will return the favor by providing electricity.

SPAIN

They call it the “Iberian exception”. It is the derogation from EU rules that Madrid managed to wrest from Brussels. Since last June, it has applied a gas price cap that has allowed Spanish families to save between 10 and 35% on their bills. Not satisfied, in early September the Sanchez government reduced VAT on methane from 21 to 5%. Measure also in force in Italy.

Source: IL Tempo

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