Across Europe, governments are slashing fuel taxes and doling out tens of billions to help consumers, truckers, farmers and others cope with spiking energy prices. But it's not enough for some whose livelihoods hinge on fuel.
and doling out tens of billions to help consumers, truckers, farmers and others cope with spiking energy prices made worse by Russia's invasion of Ukraine.Miguel Ángel Rodriguez was one of 200 concrete truck drivers who held a slow-driving protest around Madrid this week. He said filling up used to cost 1,600 euros a month, but he's been forking out an extra 500 euros since the start of the year because of the rising price of diesel.
Such measures “are sensible, and some of them, such as energy tax cuts, could be sustained indefinitely — even if prices continue to increase," said Elisabetta Cornago, a senior research fellow at the Centre for European Reform think tank who specializes in EU energy policy.
Truckers around France, dissatisfied with aid they consider “insufficient,” held a day of action Monday, with a group of independent drivers in Normandy and the English Channel region staging a blockade that prevented hundreds of trucks from moving. With the country’s logistics in disarray from the trucker protests, Spain’s national fishing federation said members can’t even move their catch from the ports to the markets further inland.
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Amid protests, Europe limited in curbing high energy pricesEuropean governments are slashing fuel taxes and doling out tens of billions to help consumers, truckers, farmers and others cope with spiking energy prices made worse by Russia’s war in Ukraine. Some whose livelihoods hinge on fuel say it’s not enough.
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