Oireachtas Joint and Select Committees

Wednesday, 29 June 2022

Joint Oireachtas Committee on European Union Affairs

Presidency of the Council of the European Union: Discussion

Mr. Filip Vurm:

I thank the Deputy for his question. I will start with the first one. An appropriate mix of instruments which will reduce and mitigate the negative social and economic impact of high prices should be implemented. We have already developed some instruments during the pandemic. One of the ideas we would like to promote is to focus much more on joint purchases. This is something which was quite successful in the past in purchasing vaccines. This is one of the tools that can be used in dealing with the high energy prices. Obviously every crisis can also be a chance for the future, so we should focus much more on the competitiveness of the EU economy in general, on digitalisation, and on the implementation of new technologies.