IMF Warns of Budgetary Risk from Energy Support in EU (eco.sapo.pt)

• IMF analysis shows two-thirds of EU energy subsidies are untargeted.
• Broad-based support risks fiscal sustainability.
• Alfred Kammer calls for better targeting of aid.

"European governments are failing to target energy support measures, with about two-thirds of subsidies and tax cuts being broad-based, according to an IMF analysis. The IMF's European department director Alfred Kammer warns these policies may strain budgets."