European trade bodies rally governments for energy aid
The UK, Germany and the Netherlands say support measures are crucial to curb "disastrous" energy costs and prevent the sector from breakdown
News By IQ | 21 September 2022
European live music trade bodies are lobbying for government-backed support packages to mitigate rocketing energy bills and prevent the sector from collapsing.
Last month, IQ heard from a number of European arenas who say that skyrocketing energy costs are emerging as the sector’s biggest challenge since the Covid-19 pandemic. ASM Global’s Marie Lindqvist said the prices for electricity and gas at the company’s venues have quadrupled since the beginning of the year, with the UK being hit the hardest.