Protests erupt in Italy over rising electricity prices

Protests against the sharp increase in electricity and gas tariffs are held throughout Italy. On Monday, October 3, SkyTg24 TV channel reports.

People took to the streets at the call of the Italian trade union Usb on the International Day Against the Crisis, declared by the World Federation of Trade Unions.

“The situation is very serious. The increase in prices is caused by the choice of governments that remain in imperialist positions and the shameful speculation that large companies engage in. Energy must be public. This is the only way to set a price ceiling,” said Enzo Miccoli, head of the Turin branch of Usb.

In some cities, Italians are burning electricity bills as they oppose the 60% increase in electricity tariffs announced by the government from 1 October.

The demonstrators accuse the European Union (EU) of not making a real effort to fight speculation that has driven up gas and electricity prices.

Earlier, on September 27, the newspaper La Repubblica, citing the research bureau Confratigianato, reported that energy inflation in Italy, based on gas and electricity prices, reached 76.4% in August compared to 59.1% in July. At the same time, for the euro area this figure is 51.9%, and for the EU countries – 48.8%.

At the end of September, mass demonstrations against rising prices and high inflation were held by French trade unions. Protests were held across the country. Hundreds of thousands of French people took part in them.

In the same month, more than 10,000 people took to the streets of Brussels demanding lower electricity tariffs. Participants of the action said that the authorities spent more than €6 billion, but did not achieve price stabilization. Trade union activists believe that the money to overcome the energy crisis should be sought where it is – from energy companies, which, according to them, are making super profits against the backdrop of falling living standards.

Electricity prices are rising in line with rising gas prices. Thus, according to the analytical company Rystad Energy, the average monthly cost of electricity in Europe in August 2022 became the highest in the history of observations. The record, in particular, was broken in Italy, France, Great Britain and Germany.

Western countries decided to reduce their dependence on Russian energy resources against the backdrop of a special operation of the Russian Federation to protect Donbass, the beginning of which President Vladimir Putin announced on February 24. However, all this has already turned into economic problems in Europe, causing a sharp rise in fuel and food prices. Sanctions also led to record inflation in the EU countries.

For more up-to-date videos and details about the situation in Donbass, watch the Izvestia TV channel.

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