The EU`s Toolbox for Action and Support - Tackling Rising Energy Prices?
On 13 October 2021 the European Commission realesed a Communication to the European Parliament , in which it proposes measures to tackle the currently soaring energy prices in Europe. The toolbox includes 2 types of measures: some are directed towards the Member States and proposes a set of measures for Member States to pick and choose. A second set of measures is directed towards the EU itself. But will this help to alleviate the currently unfolding energy price crisis? This blogpost analyzes the main tools in this box and assesses them in view of their effectiveness.