President Meloni’s press point following the European Council meeting of 15-16 October

Introduction by President Meloni As you have seen, this was an intense European Council meeting with several issues on the agenda. I’ll try to quickly focus on the matters that were, and are, of the greatest importance to us. There is the issue of competitiveness, particularly energy prices. I am pleased that the European Council conclusions include several of the matters we have raised over the last few weeks, including through the document we wrote together with the Czech Republic regarding the ETS issue. There is reference to the Market Stability Reserve; there is reference to ETS2 and the need to assess its timing and safeguards; there is reference to the review of the ETS, which is particularly urgent. On a separate note, as you have seen, in parallel we have completed negotiations with the European Commission on the so-called ‘decree law on energy bills’, namely the measures we approved months ago that required an ok from the European Commission. These were long but constructive negotiations, leading us to find a solution. This is very important as it enables us to take action on how electricity prices are generated and on the impact of gas costs on electricity prices. This t

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