Energy support measures for Luxembourg residents have cost almost €600 million since Russia’s invasion of Ukraine in 2022, the government said on Wednesday.
The aid package cost the state €574.5 million from 2022 up until the end of May this year, with measures to cap electricity prices accounting for over a quarter of the total, according to figures released by Finance Minister Gilles Roth and Economy Minister Lex Delles in a joint response to a parliamentary question.
Energy prices for households in Luxembourg are set to soar with the gradual rolling back of the aid measures this year. The state’s full cap on energy prices will no…
