Europe desperately needs an austerity plan for the near future: a new document has been leaked, the price ceiling is at risk – Topky.sk

archival video The Echo24.cz portal talks more about this, according to which a version of the “national” plan to lower energy prices has already been created in the Czech Republic. He reckons with the possibility that there will not even be any agreement at the EU level this week. Demonstrations also had their effect. Almost 70,000 people filled Wenceslas Square in Prague over the weekend because of these problems, and it can be assumed that they also forced Prime Minister Petr Fiala to act. On Friday, the Minister of Industry and Trade (Economy) Jozef Síkela from STAN convened an extraordinary European Council for Energy to find a common solution to the energy crisis at the European level. However, they do not find great consensus. Photo gallery (2) Protest in Prague.
Source: SITA/AP Photo/Petr David Josek Both the wolf is full and the goat is whole Justice Minister Pavel Blažek from the ODS already presented a proposal to the Prime Minister on Friday, according to which the Czech Republic should limit the margins of energy sellers and distributors to an acceptable level, at which they would still be able to to have a profit. This would also mean that high energy prices would not fall on the people. “The aim of the proposal is to limit margins so that energy producers and distributors do not lose their entrepreneurial motivation and energy prices do not ruin entrepreneurs and the population. And that this is a legal solution according to Czech and European law. Legitimate claims for compensation for damages (lost profits and the like) should not arise and the state would not have to endlessly increase subsidies and similar financially demanding policies,” Minister Blažek told the Echo24 newspaper. It will take a few more days before the European Commission reaches the final proposal, which will be on September 14. However, President Ursula Von der Leyenová talks about the price capping, which is not very much in agreement with what is written in the document. In the document, they do not agree with capping, because it rejects the market stoppage, the price ceiling for all producers, the Spanish model, the Greek proposal, regulation of the market with emission quotas and forced regulation of prices by the end Just to give examples, Italy introduced a tax on windfall profits, and in Spain, caution has proven to be the case. no, which separates the prices of electricity produced from gas from electricity produced from other sources.