City
Epaper

Belgium urges EU to manage soaring energy prices

By IANS | Published: September 01, 2022 5:06 AM

Brussels, Sep 1 Belgian Prime Minister Alexander De Croo has urged the EU to take responsibility to manage ...

Open in App

Brussels, Sep 1 Belgian Prime Minister Alexander De Croo has urged the EU to take responsibility to manage the skyrocketing energy prices that had reached an unsustainable level in recent weeks.

"It is only at (the) European level that we will succeed in reducing prices. Only Europe can achieve this," he said on Wednesday.

The federal government and the representatives of Belgium's federated entities met in Brussels on Tuesday in a Consultation Committee (CODECO) and managed to come up with additional measures to deal with soaring energy prices at national level, while at the same time calling on the EU to assume its responsibilities.

De Croo has therefore started talks with Ursula von der Leyen, President of the European Commission, to study possibilities of reducing energy prices, Xinhua news agency reported.

"Since March, our country has been pleading for measures to be taken on gas prices, and in particular to achieve a freeze on gas prices," he said, adding that von der Leyen announced at the beginning of the week that an emergency mechanism would be put in place to lower energy prices.

In view of the rising energy prices, CODECO has decided to extend all the support measures already in force until March 31, 2023. These include a 6 per cent VAT reduction on gas and electricity, reduction of excise duties on fuel, and extension of social tariffs and fuel vouchers to target groups.

Among other measures announced, the public authorities will lower heating. They will reduce the use of air conditioning and turn off the lights in every building.

The Belgian Prime Minister also called for the responsibility of every citizen to reduce their energy consumption.

In addition, negotiations, which aims to obtain from banks deferral of the mortgage payment, are also underway with the financial sector to help some people with higher energy bills. Negotiations with the financial sector in financing energy-saving measures are also underway.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: SeptemberDe crooeuBelgiumBrusselsAlexander de crooBrussels capital region
Open in App

Related Stories

InternationalBelgium: Protesting Farmers Hurl Eggs, Clog Streets With Tractors As EU Summit Begins in Brussels (Watch Videos)

MaharashtraFinding Mother: A Long-Lost Daughter's Journey from Belgium to Amravati

PoliticsTurkey to expediate talks with EU on customs, visas: Erdogan

PoliticsIran rejects NATO accusations over role in Ukraine crisis, nuclear programme

PoliticsEuropean Parliament pass law to restore degraded natural ecosystems

Politics Realted Stories

PoliticsRahul Gandhi in Raebareli: Congress MP Breaks Silence on his Marriage; This What He Said (Watch Video)

PoliticsMaharashtra Lok Sabha Election 2024: Actor Mohan Agashe Casts Vote in Pune, Shares a Special Message for Voters

PoliticsAndhra Pradesh Shocker: YSRCP MLA Annabathuni Sivakumar Slaps Voter at Polling Booth, Triggers Retaliation and Violence (Watch Video)

InternationalUpendra Yadav Resigns: Nepal Health Minister Quits From Prime Minister Pushpa Kamal Dahal Cabinet

PoliticsLok Sabha Election 2024 Telangana: Actor Kota Srinivasa Rao Casted his Vote At Polling Booth In Jubilee Hills, Hyderabad (Watch Video)