Cost of Living
Portugal presses Brussels to act on fuel crisis and rejects mandatory savings targets
Energy Minister Maria da Graça Carvalho called on the European Union in Brussels for a coordinated community response to the current fuel and industrial gas crisis, while rejecting any mandatory energy reduction targets. She warned that unequal state aid rules risk distorting the EU internal market due to differing national budgets, and noted that Portugal's main challenge is soaring fuel and industrial gas costs rather than household heating.
Why it matters
While Portugal is pushing for EU-level coordination rather than mandatory savings targets, ongoing high fuel and industrial gas prices could eventually affect energy and transport costs for businesses and consumers in Portugal.CNN PortugalRead original ↗
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