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Commissioner Paolo Gentiloni wants new pandemic type loans to help deal with energy crisis (Photo: European Commission)

EU debates new pandemic-type loans to deal with crisis

Germany's €200bn plan to protect households and businesses from high energy prices was one of the top issues debated at the meetings of finance ministers on Monday and Tuesday.

French, Italian and Hungarian decision-makers all criticised the solo effort as lacking in solidarity, with Hungary's prime minister Viktor Orbán describing it as "cannibalism" which will "break European unity."

Following Monday's debates, an op-ed written by Paolo Gentiloni and Thierry Breton, EU commiss...

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Author Bio

Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.

Commissioner Paolo Gentiloni wants new pandemic type loans to help deal with energy crisis (Photo: European Commission)

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Author Bio

Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.

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