European Commission President Ursula von der Leyen delivers a speech during the European Industry Summit in Antwerp, Belgium, on Feb. 11, 2026. Nicolas Tucat/Getty ImagesThe European Union is weighing electricity tax cuts and targeted subsidies to shield consumers and industry from surging energy costs amid the ongoing Iran war, European Commission President Ursula von der Leyen said on March 19.Speaking after a European Council meeting in Brussels, von der Leyen said electricity prices are driven by energy costs, grid charges, carbon pricing, and taxes.
EU Considers Electricity Tax Cuts, Subsidies Amid Iran War Surge in Energy Costs
Related Articles
EuropeThe Final wakeup call
Lula wins a miracle election in Brazil. Now comes the hard part: putting the country back on the right track
Three weeks ago, Brazilian President Luiz Inácio Lula da Silva’s political obituaries...
EuropeThe Final wakeup call
US midterms: what a new Congress could and could not change for Europe
US midterm elections traditionally attract fewer voters than presidential contests. But this...
EuropeThe Final wakeup call
Political power without balance leads to the erosion of democracy, what Montesquieu can teach modern-day France
KEY TAKEAWAYS Democratic erosion does not start by doing away with elections;...
China Business & EconomyChina NewsChina Technology
China Tech Index Plunges More Than 40 Percent From July Peak
China’s technology-heavy STAR 50 index has fallen by more than 40 percent...
