
Our role is to provide tools and flexibility, said the President of the EU Commission
Ursula von der Leyen spoke in Strasbourg on the energy emergency, underlining the need to provide Member States with tools and flexibility and reiterating the importance of targeted and effective aid.
AI-generated summary
The closure of the Strait of Hormuz generated immediate pressure on global energy markets.
On the energy emergency "in the short term we must support the Member States so that they can cope with the immediate pressures". Ursula von der Leyen said this while speaking in the plenary session in Strasbourg.
“Our role is to provide Member States with the tools and flexibility needed to react. That's why in April, right at the start of the closure of the Strait of Hormuz, we introduced a temporary state aid framework. Support must be targeted: no blanket aid, because it would increase and lead to enormous costs.
but targeted and effective support for those who really need it," he said.
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