Energy Crisis

EU countries set aside EUR 236 billion in past year to offset energy crisis


Photo: geralt from Pixabay


August 25, 2022






August 25, 2022





The governments of 25 European Union (EU) countries have allocated a total of some EUR 236 billion since last September towards measures to shield businesses and citizens against the rising energy prices. The policies range from tax breaks to financial aid for households, according to Brussels-based think tank Bruegel.

One of the measures most of the observed EU countries have opted for is to reduce energy taxes, including a pause in charging the green electricity levy, as is the case in Austria, for example. Also, most EU member states have introduced direct payments (transfers) to vulnerable households.

Most EU countries have opted for energy tax breaks and aid to households

Other types of responses recorded by Bruegel include ceilings on retail and wholesale prices of electricity and gas, windfall profit taxes, and support to businesses. In Greece, for instance, the government is subsidizing electricity and natural gas bills for households and small businesses.


Four EU countries account for the bulk of the allocations

Most of the total allocated amount, or over EUR 180 billion, is recorded in four countries – Germany (60.2 billion), Italy (EUR 49.5 billion), France (EUR 44.7 billion), and Spain (EUR 27.3 billion).

Bruegel noted that all the measures have been “discussed, proposed or enacted” since September 2021, when the energy crisis was already unfolding. The figures cover national policies only, while measures at the sub-national and supra-national levels, though no less relevant, are excluded from the scope, the think tank said.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles


Romania’s Transgaz to take over stake in LNG terminal project in Greece

21 September 2023 - Mediterranean Gas, which is developing the Argo project for an LNG terminal offshore Volos, agreed to let Transgaz acquire 15% of ownership

Srbijagas, DEPA sign memorandum on natural gas cooperation

Srbijagas, DEPA plan to cooperate in natural gas sector

08 September 2023 - Srbijagas said its general manager Dušan Bajatović signed a memorandum of understanding with his counterpart from DEPA, Konstantinos Xifaras


SEE region readies for winter: Hungary to import gas from Turkey, Serbia in talks with Azerbaijan

23 August 2023 - The situation is highly volatile, so the best policy is to ensure multiple supply routes ahead of the upcoming winter

North Macedonia secures EUR 100 million for green transformation of SMEs EIB loan

North Macedonia secures EUR 100 million for green transformation of SMEs

17 July 2023 - The credit line is part of the government's measures to support households and businesses amid the economic slowdown and the energy crisis