What is the position of the other countries according to the European think tank Bruegel
In taking of measures trying to stop the deterioration of the numbers brought about by energy crisis as a result of the Russian invasion of Ukraine and the reactions of the West, national governments and the EU are turningwith the latest announcements of the Greek government and the European Commission, to proposals for additional crisis mitigation mechanisms are already being followed.
The elements of the European are interesting think tank Bruegel, according to which Greece is a “champion” in supporting citizens to deal with the energy crisis.
As follows, our country has spent so far in support measures more than 3.5% of GDP with the cost approaching 40 billion euros.
NEW📈How much have European governments spent so far to shield consumers from high energy prices? Antonio Ferrara and @GSgaravatti just updated our @Bruegel_org dataset to provide a clear overview of this (now macro-relevant) trendhttps: //t.co/Mwnx2I5PDL pic.twitter.com/xXIJ1Vybsk
– Simone Tagliapietra (@Tagliapietra_S) June 2, 2022
Second in the relevant list is Lithuania.
It is indicative that European countries with stronger economies, like the Germany for example they spent a percentage of GDP below 2% at a cost of just over 10 billion euros, the Italy with a percentage of just over 2% and a cost of about 22 billion euros. Last on the relevant list is Denmark most likely because of “Green growth” in which he has invested for years.
