Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen's correspondent: Two were martyred in an initial toll of the Israeli drone strike that targeted the al-Asira neighborhood in the city of Baalbek, eastern Lebanon
Al Mayadeen's correspondent: An Israeli drone strike targeted the al-Asira neighborhood east of Baalbek, eastern Lebanon
Sheikh Naim Qassem to the pager attack survivors: You are the greatest resistance. Know that 'Israel' will fall because it embodies aggression, crime, and occupation; victory is truly yours
Sheikh Qassem to the pager attack survivors: The value of what you are doing despite your wounds is immense, and here you are, treading the path of the Master of Nation's Martyrs and the leaders
Sheikh Qassem to the pager attack survivors: You are moving forward with insight deeper than sight itself. The enemy sought to eliminate your role in the battle, yet you remain steadfast and continue the fight
Hezbollah Secretary-General Sheikh Naim Qassem to the pager attack survivors one year later: You are healing from your wounds and rising above them. You have successfully passed the test
Palestinian media: Reports of stabbing operation in occupied al-Quds.
Israeli media: Sirens blare in Arava in South, near Ramon Airport.
Egyptian PM Mostafa Madbouli: Egypt is targeted in plans to redraw regional map
AEOI Chief Mohammad Eslami: Our presence in IAEA General Council and fact-checking helped in preventing unilateral rhetoric that aims to portray Iran as an unregulated country

Italy lambasts Germany's protective energy plan

  • By Al Mayadeen English
  • Source: Agencies
  • 30 Sep 2022 17:34
  • 2 Shares
4 Min Read

Italy's Prime Minister Mario Draghi and recently elected far-right Giorgia Meloni did not agree with Germany's individualist response to the energy crisis

  • x
  • Italy reacts on Germany's protective energy plan
    Italy reacts on Germany's protective energy plan

As Germany recently announced earlier its 200 billion euro ($194-billion) plan to help businesses and households from rising energy prices, Italy's outgoing PM Mario Draghi and Giorgia Meloni found fault in the plan while calling for Europe to come together in solidarity.

"Faced with the common threats of our times, we cannot divide ourselves according to the amount of room in our national budgets," said Draghi in a press statement on Thursday.  

Yesterday, Germany announced a 200-billion-euro ($194-billion) package with the aim of "protecting households and businesses" from surging energy prices. Germany's Finance Minister Christian Lindner had told reporters that Germany is in the midst of an "energy war over prosperity and freedom" with Russia, adding that the package is a "crystal clear answer to Putin that... we are strong economically".

Draghi told reporters that "The energy crisis requires a response from Europe to reduce costs for families and businesses, to limit exceptional gains made by producers and importers, to avoid dangerous and unjustified distortions of the internal market, and to keep Europe united once against in the face of an emergency."   

On Friday, the Italian Minister for Ecological Transition Roberto Cingolani reaffirmed Rome's support for an EU-wide cap on the price of gas.  

"Everyone has recognized that there is a priority at the moment, which is to bring down the cost of gas. But there is also a second priority, to avoid in doing so creating a shortage of gas," Cingolani said.  

Draghi has likewise been supportive of this proposal. His possible successor, Giorgia Meloni, whose far-right Brothers of Italy party won elections last Sunday, also expressed a similar stance.  

Ahead of Friday's meeting, she expressed positive views about the price-cap suggestion. She also criticized Germany and called for a common EU response to the energy crisis.  

"We need a common solution at the European level to help firms and families," she said. "No member state can offer effective and long-term solutions on its own in the absence of a common strategy, not even those that appear less financially vulnerable," she said.

Related News

EU declares largest global Ukraine support package of $200 billion

CNBC unveils strategic plan to revitalize Syria energy sector with US

Read more: Germany's gas dependency blamed on Russia: German FM

According to S&P Global Ratings, Italy and Germany are now the two largest European countries most exposed to a gas supply shock due to their extensive use of natural gas and significant reliance on Russia.

Surging costs of power linked to gas prices have already stunted the production of various industries, such as fertilizers and aluminum manufacturers, and prompted EU governments, such as Germany, to increase their spending by billions in order to help their citizens.

The German Federal Statistical Office Destatis released Thursday provisional data revealing that inflation in Germany is expected to rise to a record high of 10% in annual terms in September, up to 7.9% a month earlier.

On September 10, the General Confederation of Italian Artisans (CGIA), an Italian trade union, revealed that households and companies are losing an extra 82.6 billion euros ($83.8 billion) over the surging electricity and gas prices.

The CGIA also said that the government is likely to pass an $83.8 billion relief package to tackle the soaring costs of energy, the union revealed.

On September 11, Roberto Cingolani told the Italian newspaper la Repubblica that "Capping only Russian gas makes no sense. It is currently delivered to Europe in very small quantities."

"In any case, we should give a signal to all producers. Europe imports three-quarters of pipeline natural gas. It is fair that it, as the world's largest buyer, should help set the price to protect businesses and citizens," he added.

Experts predicted that the energy crisis to further worsen since the G7 agreed in September 3 to impose a price cap on Russian oil. 

Read more: Draghi comforts EU, new government policy to remain same: Reports

  • Italy
  • Germany
  • Energy crisis

Most Read

Uprising against Volker Turk at the Human Rights Council over Gaza.

Uprising against Volker Turk at the Human Rights Council over Gaza

  • Politics
  • 12 Sep 2025
A screengrab from the ad played on Fox News. (X Screengrab)

Fox airs ad warning Trump not to let Netanyahu 'play' him on Gaza

  • US & Canada
  • 11 Sep 2025
Lapid: Egypt’s Arab Force plan a 'severe blow' to normalization

Lapid: Egypt’s Arab Force plan a 'severe blow' to normalization

  • Palestine
  • 14 Sep 2025
UKLFI’s latest faux pas, like "Israel’s" recent failed attempt at regime change in Iran, is unambiguously indicative of a flailing entity on the verge of extinction. (Al Mayadeen English; Illustrated by Zeinab el-Hajj)

Zionist lawfare operation facing collapse?

  • Opinion
  • 13 Sep 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
A Hezbollah supporter who lost his sight in a pager attack carried out by "Israel" on Sept. 17, 2024, covers his eyes with a red headband inscribed with the name "Hussein" during Ashoura, July 6, 2025 (AP)
Politics

'We Have Recovered': Lebanon marks 1st anniversary of Pager Attack

The Arab neighborhood of El Za'im, on the outskirts of east Occupied Al-Quds in the West Bank, near where Israeli government says housing units will be built as part of the E1 settlement project, Thursday, August 21, 2025. (AP Photo/Ohad Zwigenberg)
Palestine

'Israel’s' deliberate policies drive West Bank economy toward collapse

Ben & Jerry's ice cream shop, Wednesday, Feb. 26, 2025, in Cambridge, Mass. (AP Photo/Charles Krupa)
Politics

Ben & Jerry’s co-founder resigns over parent company curbing activism

Trump’s approval rating falls to new low in second term: Poll
US & Canada

Trump’s approval rating falls to new low in second term: Poll

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS