Macroeconomic Monitor

2022.07.04

It is neither right nor market-oriented for businesses to choose between Gazprom and "pig in a poke" energy prices

At the last minute, the parliament extended the program for compensation of the industry with the price of electricity. Although clumsily played by the Petkov government and with contradictory ideological and economic justification, the program was somewhat inevitable, due to the massive compensations distributed in Western Europe (Spain and France have ceilings below 50 euros), and …

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