Italy and EU Agree on Power Cost Relief

Italy has secured an agreement with European Union authorities regarding measures to protect households and businesses from rising electricity costs. The plan complies with EU state aid rules and awaits formal Commission assessment.

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Italian Prime Minister Giorgia Meloni and European Council President Antonio Costa talk during a European Union leaders summit in Brussels, Belgium October 16, 2026. REUTERS/Stephanie Lecocq

Italy secured an agreement with European Union authorities on Friday to curb the impact of soaring Natural Gas costs on consumer and business electricity bills. The accord paves the way for Rome to implement temporary price interventions in alignment with bloc regulations. Officials aim to shield households from extreme energy volatility while preserving fair competition across the internal market.

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