September 1, 2022
1 min read

Belgium urges EU to manage soaring energy prices

De Croo has therefore started talks with Ursula von der Leyen, President of the European Commission, to study possibilities of reducing energy prices…reports Asian Lite News

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.

“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.

ALSO READ-KSrelief chief meets Belgium envoy in Riyadh

Previous Story

India among 13 participants in Vostok 2022 war games

Next Story

Body weight exercises for full body strength training

Latest from EU News

Ukraine Border Troops Refuse to Fight

In February, the Russian Defence Ministry said that Ukraine’s losses in the Kursk Region have exceeded 61,000 servicemen…reports Asian Lite News Russian state-owned news agency RIA Novosti reported Tuesday, citing video evidence,

Von der Leyen: Time to Arm Europe

The first part of this ReArm Europe plan, European Commission President detailed, is to unleash the use of public funding in defence at national level….reports Asian Lite News Highlighting the “momentous and

Europe Divided on Sending Troops to Ukraine

Meloni insists Italy will join a European mission in Ukraine only under UN oversight and after hostilities cease…reports Asian Lite News Italian Prime Minister Giorgia Meloni is “extremely skeptical” about deploying European

Pope Francis in stable condition

According to the statement, the Pope has no fever, his white blood cell count is normal, and his vital signs remain stable. He is eating on his own and actively participating in
Go toTop

Don't Miss

India-France-UAE trilateral gains steam

India, France, UAE discuss cooperation in trilateral framework, to promote

India, UK launch biggest-ever coalition for clean energy

Speakers in the Climate Parliament event also included two leaders