Financial TimesFinancial Times

Why Germany’s energy package is undermining EU unity

By Valentina Romei

06 Oct 2022 · 4 min read

Editor's Note

Germany’s government has unveiled a €200 billion plan to help shield homes and businesses from soaring energy costs. The FT explains why leaders of other EU countries feel betrayed.

European leaders have been quick to condemn Germany’s bumper energy package, claiming that Berlin’s decision to go it alone puts households and companies in the rest of the bloc at risk of paying higher energy prices.

Mario Draghi, Italy’s outgoing prime minister, has said the €200bn package, unveiled last week, undermines unity. “Faced with the common threats of our times, we cannot divide ourselves according to the space in our national budgets,” he said.

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