Italian Prime Minister Giorgia Meloni is urging Brussels once again to give capitals more room to cushion households and companies from the latest energy-price shock, arguing that European Union fiscal rules are becoming increasingly restrictive as inflation drives up government spending.
In a letter addressed to European Commission President Ursula von der Leyen, seen by Euronews, Meloni said the prolonged Middle East crisis has left European energy markets “extremely tight,” with oil prices up almost 80% and gas up to 156%.
