RADARPOLITICO ANALYSIS
What is happening
The European Commission approved the Italian government’s proposal to mitigate gas prices for businesses and families. The measure includes a cap on the cost of gas. The Commission did not accept the requests concerning the ETS. Giorgia Meloni said she was optimistic about deficit flexibility.
Why it is on the Radar
The approval concerns measures intended to limit gas costs for businesses and households. The rejection of the ETS requests means that those requests were not accepted by the European Commission.