Energy costs put Italy's industry recovery at risk

Energy costs put Italy's industry recovery at risk

Energy

High and rising energy costs are putting Italy's economic recovery at risk, Confindustria said, CE Report quotes ANSA.

The industrial employers federation underlines "the growing concern of Italian industry for the current energy prices that put industrial recovery at risk and could further slow down investments in process innovation needed to accelerate the energy transition", said the delegate of the president of Confindustria for energy, Aurelio Regina, in a hearing at the Lower House in front of the joint Budget and Environment committees.

Italy "remains the most expensive electricity market in Europe" he said, and warned: "Italian companies are not able to support the current competitiveness gap, therefore suitable tools are needed to keep industrial plants running".

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