Lisbon Calls For an EU Spending-Safeguard Carve-Out on Power-Bill Support — Miranda Sarmento Pitches the Energy-Crisis Exception to the Eurogroup as Portugal Ranks Fifth on the Energy-Support Share-of-GDP Tape
Joaquim Miranda Sarmento told the 11 June Eurogroup in Luxembourg that the European Commission must create an energy-crisis escape clause modelled on the defense-spending carve-out — Portugal ranks fifth in the EU on energy-support share of GDP and is asking for the same fiscal-rules treatment.