"Only a European response can protect our industry and citizens".
This was written by Paolo Gentiloni and Thierry Breton, who in a speech published today in the Frankfurter Allegemeine Zeitung criticize the 200 billion euro plan launched by Germany to curb the price of gas.
"Today more than ever we must avoid distorting competition on the internal market", they write.
'SURE IS REALISTIC VERSUS FRAGMENTATION'
"What we did with Sure during the pandemic was an interesting proposition" and that "loan-based model could be realistic".
This was stated by the European Commissioner for the Economy, Paolo Gentiloni, on his arrival at the Ecofin meeting, specifying that the goal "is to increase solidarity to avoid fragmentation, and not to criticize this or that State".
"If we want to avoid fragmentation, we need a high level of solidarity and we need to put in place some other common instrument", he pointed out.
"The question" of a new joint debt issuance on the Sure model "requires further discussion because there are different points of view around the table".
This was stated by the vice-president of the European Commission, Valdis Dombrovskis, upon his arrival at Ecofin, answering a question on the proposal to create a new common European instrument similar to the Sure, launched yesterday by the European Commissioners for the Economy and the Internal Market, Paolo Gentiloni and Thierry Breton, in an article published in various European newspapers including Corriere della Sera.