Monday, 17 August 2026Europe · Analysis
Independent · Brussels & Berlin
Person
Economy spokesperson for the European People's Party group, European Parliament
Economic and monetary affairs committee votes to advance legislation after years of deadlock, with MEPs framing the project as a geopolitical necessity rather than a purely monetary one.
Gas prices have nearly doubled since Friday's attacks on Iran. The ECB says it will monitor but not yet act, yet the last energy crisis showed monetary policy was slow, blunt and damaged the green transition while corporate profits drove two-thirds of inflation.
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