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2026-04-06 12:17:38
[EU Wary of Excessive Energy Subsidies, Demands Countries Control Scope and Timeframe of Measures] 1. According to the Financial Times, citing sources, the European Commission, in consultations with member states, has explicitly demanded that proposed energy subsidies, tax cuts, and price controls be limited in terms of implementation timeframes and scope to avoid excessive market intervention. 2. EU Energy Commissioner Dan Jorgensen told the Financial Times, "This is a unified action by the European Commission." The Commission is reportedly providing countries with "technical guidance and assistance to help them develop various policy tools within their own fiscal space." 3. Officials involved in consultations between Brussels and national finance ministries revealed that the European Commission is urging countries to maintain "coordination and caution" when introducing any measures to alleviate energy price pressures, preventing fiscal imbalances or market distortions caused by excessive subsidies.
