COVID-19 Key EU Developments, Policy & Regulatory Update No. 64

European Commission adopts Communication on Energy Prices to tackle exceptional rise in energy prices -

On 13 October 2021, the Commission adopted a Communication on Tackling Rising Energy Prices: a Toolbox for Action and Support.

The Communication seeks to respond to the sharp rise global energy prices, anticipated to continue throughout the winter. The price surge is principally attributed to increased global demand for energy, as economic recovery accelerates as the COVID-19 pandemic subsides.

Please see full Publication below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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