European Commission says von der Leyen addresses Middle East, energy and competitiveness
Key points
President Ursula von der Leyen presented targeted, temporary measures to mitigate electricity price volatility.
President von der Leyen called for de‑escalation in the Middle East and announced over €450 million in humanitarian assistance.
TL;DR
Presented four components to reduce electricity prices: use of existing State aid, lower grid charges, reduced electricity taxes, and modernisation of the Emissions Trading System (ETS).
Commission is working on ETS measures including updated benchmarks for free allocations, an enhanced Market Stability Reserve, and a €30 billion Investment Booster financed by 400 million ETS allowances.
Announced over €450 million in near‑immediate humanitarian assistance for the Middle East, called for de‑escalation and protection of civilians, and stressed preparedness against potential migration pressures.
Reaffirmed unwavering support for Ukraine, noted the blocked €90 billion support loan, urged swift adoption of the 20th sanctions package, and announced a One Europe, One Market roadmap to be delivered by end of 2027.
Original text
European Commission - Announcement President von der Leyen discusses the Middle East crisis, Ukraine and competitiveness with EU leaders Brussels, 23 March 2026 President of the European Commission, Ursula von der Leyen, participated in the European Council meeting held in Brussels on 19 March 2026 . She joined the EU leaders in addressing the most salient geopolitical challenges today, including the ongoing conflict...