EU set to criticise Italy's fuel-duty cuts as energy prices spike
The European Commission is expected to criticise Italy's emergency fuel-duty cuts and other energy-cost measures as too broad and untargeted, according to a draft document seen in Rome. The issue comes as Italy faces rising energy prices linked in the supplied material to the war in Iran. The Commission is due to publish its country-specific recommendations on Wednesday, a key moment in EU economic coordination.The draft says Italy should ensure any measures to soften the impact of higher energy prices are temporary and focused on vulnerable households and energy-intensive firms. It also says support should preserve incentives for energy savings... [Continue Reading]
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