At first glance, the EU Commission’s suggestion that above-normal returns in the energy sector be taxed may seem like a reasonable and timely initiative.
Since its geopolitical turn, the European Commission has time and again reiterated the need for member states to level up the EU’s autonomous security and defence capabilities.
The energy-price crisis is an economic problem. It is not a moral problem. It is a matter of bringing supply and demand for various products into alignment.
The recent outrage sparked by the German-Franco proposal of an EU-Russia summit for Poland and the Baltic States shows how deeply the EU is split on Russia.