Government wants to hear EU plans before agreeing business subsidies | New

Isamaa chairman Helir-Valdor Seeder told ERR the issue was discussed by politicians on Monday. The coalition discussed the party’s proposals to help struggling businesses, but also agreed to look at how other EU countries have acted.

“We haven’t made a decision today, but next Monday we will discuss it further. The Ministry of Economic Affairs will carry out further calculations and analysis, and we will also try to find out what the European Commission is doing. Because the Commission has said it intends to put in place measures – possible solutions have even been announced – for example, such as the establishment of a gas price cap or CO2 compensation”, a- he declared.

Seeder said that the situation will have changed if these decisions are implemented at EU level and that Estonia will also have to base its response on them.

One of Isamaa’s suggestions is to expand the universal electricity service system to businesses, not just households, which the party says would not create additional bureaucracy or increase the need for funding. additional government.

“It’s true, the profits from Eesti Energia will be slimmer,” admitted Seeder. “But it would be possible for micro-enterprises to set it up quickly according to European rules, for large ones it would take longer.”

He said all parties understand that businesses face challenges and no one thinks they need any help. Decisions are expected to be made when the coalition meets again next week.

“A clarification is needed as soon as possible, but the situation is such that there is no decision from the European Commission today, and even if it does not come, the Estonian state will have to take decisions independently of that,” Seeder said. .

The European Commission will present proposals for short-term measures on Wednesday this week, which include electricity price caps and consumption restrictions, Politico reported on Friday.

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