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EU Governments Can Use some Defence Fiscal Leeway for Green Energy ...

Summary by Anadolu Ajansı
Annual cap of 0.3% of GDP to be applied to energy investments within existing 1.5% of GDP cap granted for additional defense spending

7 Articles

Lean Left

The Head of Delegation M5S to the Eurocamera: The Commission opens up a flexibility in three years to do exactly what Giorgia Meloni has never wanted to do: green investments

·Turin, Italy
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President, the European Union has granted Italy flexibility for energy-related expenditures. Good news, no? "Absolutely yes. The Commission offers Italy the possibility to use up to 0.3% of GDP per year, from 2026 to 2028, to accelerate the green transition and independence from fossil sources. A path that could allow our country to promote the installation of new renewable fuels. So will not be supported measures that support the use of fuels, …

Brussels puts on the table an unprecedented tool to accelerate the transformation of the European electricity system: an additional fiscal margin of up to 0.3% of GDP per year over the next two years, intended exclusively for investments in energy transmission, distribution and storage networks.The measure, included in the Spring Package of the European Semester 2026, explicitly recognises that energy security and decarbonisation go through a mo…

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Reuters broke the news in New York, United States on Wednesday, June 3, 2026.
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