"EU officials are urging governments to prevent member states from offering support to households and businesses in response to the latest energy shock stemming from the US/ Israeli assault on Iran. The concern, it is said, is that excessive intervention might trigger a “fiscal crisis”. That claim needs to be challenged. It is wrong in theory, dangerous in practice, and revealing in intent."

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https://www.taxresearch.org.uk/Blog/2026/04/06/the-eus-inappropriate-response-to-the-coming-economic-crisis/

The EU’s inappropriate response to the coming economic crisis

The Financial Times has reported that EU officials are urging governments to prevent member states from offering support to households and businesses in response to the latest energy shock stemming from the US/ Israeli assault on Iran. The concern, it is said, is that excessive intervention might trigger a “fiscal crisis”. That claim...

Funding the Future
"In other words, people must adjust to the crisis; the state must not fully respond to it. The policy choice is to disable government and pass on shock, which is government deliberately abandoning its role in society."