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EU spends €17.9B in 2026 energy price aid

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Story summary
  • EU governments spent €17.9 billion in 2026 to cushion households and firms from higher oil and gas prices.
  • Twenty-five EU Member States enacted the €17.9 billion aid, equal to 0.1 % of EU-27 GDP in 2026.
  • Over two-thirds of the aid consists of untargeted price measures, despite calls for targeted, temporary assistance.
  • The European Commission urged governments to invest in power grids and tax electricity lower than gas.