no to the suspension of the Stability Pact | EUROtoday

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Although the disaster within the Middle East is way from resolved in the mean time there are not any circumstances to droop the Stability Pact. Thus the president of the European Commission Ursula von der Leyen the opportunity of a brand new intervention on the Stability and Growth Pact is nipped within the bud, not less than for the second, after an preliminary cease through the years of the Covid emergency.

Von der Leyen: «We will see how the disaster develops»

The president of the Commission, at a press convention, declared: «The first necessary level is that the “anti-crisis” measures of the member nations have to be momentary, focused and well timed. Regarding the activation of the suspension of the Stability and Growth Pact, in the mean time, as I communicate to you the circumstances usually are not there to attraction”. However, assures von der Leyen, «the Commission will continue to coordinate taking European interests into account: we will see how the crisis develops. Regarding economic interventions, it is good that states do not worsen deficit levels”, he added.

New guidelines on state support in vitality by the top of the month

«This week we’ll seek the advice of member states on the suspension of state support guidelines» continued von der Leyen talking of the vitality sector, including that «the Temporary Framework (the rule that implements the brand new competitors regime, ed.) needs to be activated inside this month.” According to the new provisions, measures should be targeted at vulnerable groupstimely and temporary. «More can be done for reduce demand – the president also declared – Because the least expensive energy is obviously the one we don’t use. We should reduce demand, fully respecting the free choice of consumers. We are examining the levers of energy efficiency, such as renovation.”

Finally, von der Leyen launched an attraction to member nations to spend money on scale back your vitality dependence. «I encourage member nations to take a position the EU cohesion funds they’ve invested in vitality autonomy and storage. But personal investments should even be mobilised”, he concluded.