Czechs mull using EU presidency to call summit over energy prices

Euractiv | Aug 25, 2022 at 9:06 AM
  • Czechia, which holds the European Union’s rotating presidency, is considering whether to call an emergency energy summit for the bloc to tackle soaring energy prices, including discussing price caps, a government minister said on Wednesday (24 August).
  • The Czech government on Wednesday approved final plans for a discount electricity rate subsidised by the state, part of measures costing a total of 177 billion crowns (€7 billion) to ease the burden of soaring energy bills and inflation.
  • The total help, equal to 2.9% of 2021 gross domestic product, also includes pension hikes, a one-off child benefit payments, or a waiver on renewable energy payments for households among action taken to help people handle soaring prices.