An energy tax revision to reduce debt, boost investment and employment and facilitate the adoption of other structural reforms

In a context of lack of confidence, depressed investment and aggregate demand as well as deflation risks, all of these phenomena occurring despite a conjunction of favourable factors (cheap oil, weaker euro and very accommodative monetary policy), we propose to take up the proposal of the European Commission to revise the Energy Taxation Directive, introduced in 2011 and withdrawn last year due to the opposition of the Parliament and the Council.

Essais Union européenne Économie