Polish Presidency intends to discuss how to curb high energy prices in EU
Poland intends to discuss how to curb high energy prices during its Presidency of the Council of European Union, according to the government plan for the first half of 2025.
"High energy prices are the most important factor limiting the competitiveness of the EU economy," the government's plan for the Polish Presidency of Council of EU stated.
"Within the framework of the ECOFIN work, the Polish Presidency intends to continue the discussion on macro-economic ways to limit the negative effects of excessively high energy prices and the reduction of energy prices themselves," it added.
The document states that the Polish Presidency will also strive to improve the functioning and competitiveness of European capital markets by prioritising work on legislative projects to strengthen the capital markets union, which will foster greater involvement of private capital in financing the economy and green and digital transformation.
The Presidency will ensure conditions for a smooth implementation of the new economic governance framework.
"Poland will continue discussions on the first round of medium-term budget and structural plans. The aim is to prepare recommendations of the Council, which will set out net expenditure paths and identify reforms and investments necessary to extend these paths from 4 to 7 years," the government assumed in the plan.
The Polish Presidency will continue work on the amendment of the regulation on benchmarks (the so-called BMR), which is part of a package of measures aimed at simplifying regulatory requirements.
"It is likely to continue negotiations with the European Parliament with a view to reaching an agreement on the simplification of reporting requirements. Negotiations will also continue on regulations under the reform of the crisis management and deposit guarantee framework (so-called CMDI)," the document added.
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