EU Needs More Funds to Escape Russian Energy, Key Lawmaker Says
- Budget insufficient for current challenges, Tinagli says
- Chair of European Parliament economy panel speaks in interview
Irene Tinagli
Source: European Parliament
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The European Union needs additional funds to decouple from Russian gas and shield companies and households from the current energy crisis, a senior EU lawmaker said.
Irene Tinagli, who chairs the European Parliament’s Economic and Monetary Affairs committee, said in an interview with Bloomberg News that the current proposed resources “won’t be enough to really solve the problem of energy independence and of energy poverty.”