Niedermeier

Article - Cost of living crisis: targeted support and reforms needed (interview)

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Tuesday, November 29, 2022
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EU governments should support those most affected by rising prices and carry on with reforms, MEPs Ludk Niedermayer and Drago Pslaru said in an interview.

Key Points: 
  • EU governments should support those most affected by rising prices and carry on with reforms, MEPs Ludk Niedermayer and Drago Pslaru said in an interview.
  • While he is in favour of targeted support for businesses and households, Niedermayer warned against very broad supportive measures that are expensive, and have potential to create inflation.
  • Pslaru noted that the EU post-pandemic recovery plan focuses on providing support for national reforms and investments.
  • These longer-term solutions, the reforms and investments that we are putting forward, are going to take us out of the inflation crisis, he concluded.