"Can't pay, don't pay" - Italian group urges energy bill strike
Reuters
Published Sep 15, 2022 17:13
Updated Sep 15, 2022 17:35
MILAN (Reuters) - An Italian consumer group has called for an energy bills strike, offering legal support to people unable or unwilling to pay skyrocketing gas and electricity prices amid the soaring cost of living, it said on Thursday.
The initiative from the Codacons body echoes a similar campaign in Britain where the 'Don't Pay' group is demanding a cut in bills to what it calls an affordable level.
Under an initiative dubbed "We'll pay when we can afford to," Italy's Codacons said it has made available on its website a form for customers to give energy suppliers notice they will pay only 20% of their bills.
The consumer group said households are facing a doubling of energy bills from the start of next month.
Italy is one of the country most exposed to Russia's cuts of gas supplies as Moscow supplied 40% of the gas Rome imported last year.
Prime Minister Mario Draghi's outgoing government has budgeted 52 billion euros ($51.9 billion) so far this year to shield firms and people from the impact of sky-high electricity, gas and petrol costs and plans to approve this week a further relief package worth around 13 billion euros.
The issue is also high on the agenda in the campaign for a national election on Sept 25. ($1 = 1.0012 euros)
Get The App
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.