'Totally unfair' that EU countries making money on energy crunch: Former EU commissioner Breton
Summary
Thierry Breton, former EU Commissioner for the Internal Market, said it is unfair that some EU countries profit from rising energy prices because they charge value-added tax (VAT) on them. He also spoke about recent political changes in Hungary and criticized the US travel ban placed on him, which he says targets Europe’s digital regulations.Key Facts
- Thierry Breton was EU Commissioner for the Internal Market from 2019 to 2024.
- He helped create the Digital Services Act and the Digital Markets Act.
- Breton believes EU member states should return extra money earned from high energy prices to those in need, like farmers and truck drivers.
- He described the rise in energy prices as artificial.
- Breton welcomed the election of Peter Magyar in Hungary, who he says will restore respect for the rule of law.
- Breton criticized the US for placing a travel ban on him, linking it to his role in European digital regulations.
- The Digital Services Act was approved by 90% of European lawmakers and all 27 EU countries.
- Breton hopes relations between the US and Europe will improve regarding digital policies.
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