EU Publishes Rulebook for Energy-Spending Budget Flexibility, Excluding Certain Measures
The rulebook allows direct clean energy spending but excludes indirect savings and fossil-fuel tax cuts as governments seek more budget room.
4 Articles
4 Articles
Italy’s fuel tax cuts don’t make EU list for budget flexibility, despite Meloni’s appeal
The European Commission has published a rulebook for its new energy-spending flexibility under the bloc’s budget rules. The notice, published in the EU’s Official Journal on Tuesday (18 August), sets out which national energy measures can escape EU deficit limits between 2026 and 2028 and which cannot. Subsidies and cheap loans for renewables, clean tech, home renovations, and industrial decarbonisation technologies all count. Governments can al…
EU, Stability Pact Exceptions: Green Light for Solar, Heat Pumps, and Nuclear Power. The European Commission is expanding the flexibility of the Stability Pact. Member states will be able to use greater spending margins to finance energy security measures. Eligible measures include solar, heat pumps, home batteries, building renovations, and electric car charging infrastructure. The most significant change, however, concerns nuclear power. Bruss…
Commission adopts guidance on fiscal flexibility for energy security measures
The European Commission has adopted a notice providing member states with further guidance on the possibility to extend the coverage of the National Escape Clause (NEC) for defence to also include energy security measures. The notice sets out the procedure for requesting fiscal flexibility, its treatment under the EU fiscal surveillance framework and the monitoring of its […]
Derogations from the Stability Pact for green measures: the Commission will assess the requests of States to be accompanied by estimates of expenditure. Excluding the reduction of excise duties and other subsidies, such as incentives for electric cars. Yes to subsidies for charging columns and infrastructure interventions for clean urban transport
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