External publication

The fiscal side of Europe’s energy crisis

Testimony before the Interparliamentary Committee on Economic and Monetary Affairs at the European Parliament.

Publishing date
28 February 2023

On 27 February 2023, Bruegel Senior fellow Simone Tagliapietra presented testimony before the Committee on Economic and Monetary Affairs of the Interparliamentary Conference on Stability, Economic Coordination and Governance in the European Union at the European Parliament on the fiscal side of Europe’s energy crisis.

Only a third of the massive fiscal interventions put in place by European governments since Summer 2021 to shield families and businesses from rising energy prices have been targeted to vulnerable categories. This must change. Future interventions should be guided by a “Green triple-T” criterion and be tailored, targeted and transition-proof – so to help Europe being greener and fairer.

See the agenda of the session or consult the text of the intervention, downloadable above in PDF format. 

Watch the full recording

About the authors

  • Simone Tagliapietra

    Simone Tagliapietra is a Senior fellow at Bruegel. He is also a Professor of EU Energy and Climate Policy at The Johns Hopkins University - School of Advanced International Studies (SAIS) Europe.

    His research focuses on the EU climate and energy policy and on the political economy of global decarbonisation. With a record of numerous policy and scientific publications, also in leading journals such as Nature and Science, he is the author of Global Energy Fundamentals (Cambridge University Press, 2020) and co-author of The Macroeconomics of Decarbonisation (Cambridge University Press, 2024).

    His columns and policy work are widely published and cited in leading international media such as the BBC, CNN, Financial Times, The New York Times, The Economist, The Guardian, The Wall Street Journal, Süddeutsche Zeitung, Frankfurter Allgemeine Zeitung, Corriere della Sera, Le Monde, El Pais, and several others.

    Simone also is a Member of the Board of Directors of the Clean Air Task Force (CATF). He holds a PhD in Institutions and Policies from Università Cattolica del Sacro Cuore. Born in the Dolomites in 1988, he speaks Italian, English and French.

Related content