Tuesday

6th Jun 2023

Ticker

EU ministers adopt measures to tackle soaring energy bills

EU energy ministers reached an agreement on Friday on measures to reduce high energy prices during a council meeting in Brussels, the Czech EU Council presidency announced. The proposal includes a binding target to reduce electricity consumption, a cap on market revenues from low-cost electricity producers such as renewables and nuclear power plants and a so-called "solidarity contribution mechanism" to channel excess profits from fossil-fuel extractors to consumers.

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Column

In 2024, Europe's voters need to pick a better crop of MEPs

At 2024's European Parliament elections, the stakes will be very high. A lot has happened in the last four years. In 2019, there was no pandemic, no war in Europe and no johnny-come-lately countries demanding a seat at the table.

Analysis

Final steps for EU's due diligence on supply chains law

Final negotiations on the EU due diligence law begin this week. But will this law make companies embed due diligence requirements in their internal processes or incentive them to outsource their obligations to third parties?

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