Tag: electricity subsidies
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Why is the government extending its energy subsidies if gas and oil prices are below February 2022 prices?
The Minister for Finances, Clyde Caruana announced the government’s massive energy subsidies to keep electricity bills down, for the first time at a discussion with the Chamber of Commerce in March 2022. This was when oil and gas prices were spiking. Now, gas and oil prices are below the price levels of the Russian invasion…
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Why is the government still issuing electricity and fuel subsidies?
Why is the Maltese government still issuing subsidies for electricity bills and fuel when the prices of natural gas and crude oil have crashed to levels even below the Russian invasion of Ukraine? The EU Commission has explained the obvious to the Maltese government that it has no legitimate reason why it should keep subsidising…
