Following the conclusion of the energy and economy sessions of the EU Leaders’ Summit held in Brussels, the relevant parts of the summit’s final statement were shared with the public. In the statement, the leaders stated that their efforts to coordinate joint gas purchases with the EU energy platform, facilitate cross-border gas exchange of member states, accelerate renewable energy investments and establish a market correction mechanism known as “gas ceiling price” to be applied against excessively high natural gas prices, were announced on 19 December. called for its completion. Emphasizing the importance of the works to fill the gas tanks in preparation for the next winter, the statement said, “Works on accelerating long-term contract negotiations with reliable partners to ensure gas supply in the winter period of 2023-2024 by quickly activating the mechanism of combining gas demand and joint purchasing through the EU Energy Platform. must continue.” expression was used. In the statement, it was pointed out that the targets to fill EU gas tanks and reduce gas demand will be followed closely. In the statement, which stated that the leaders wanted the work on renewable energy, energy efficiency and energy performance regulations of buildings to be completed quickly, the EU’s innovation, infrastructure, interconnections, storage, It was noted that it should accelerate its investments in renewable energy and energy efficiency projects. In the statement, it was stated that the leaders are looking forward to the EU’s proposal on the structural reform of the electricity market, which will be presented by the Commission at the beginning of 2023. In the declaration, which pointed out the importance of protecting the economic, industrial and technological base in Europe in the face of global competition and the impact of high energy prices, it was stated that an ambitious European industrial policy should be determined in order to make the European economy suitable for green and digital transformation, to reduce strategic dependencies and to ensure competition under equal conditions. importance was emphasized. Recalling the need for a coordinated response to increase economic resilience and global competitiveness while maintaining the integrity of the European market, the statement asked the Commission to submit a proposal by the end of January that would mobilize all relevant national and EU instruments and improve investment framework conditions against the impact of high energy prices. In the statement, which stated that the EU must overcome the growth and innovation gap with its global competitors, the Commission was also requested to present an EU-level strategy to increase competition and productivity by early 2023. The law, which includes comprehensive health, climate and tax regulations to reduce inflation in the USA, is being discussed in Europe. In this context, the US’s law to reduce inflation was discussed extensively at the summit. Within the scope of the law, which aims to encourage the purchase of electric cars with tax cuts, there are regulations such as tax reductions of up to 7,500 dollars for electric vehicles that use batteries produced in North America and contain minerals from the mines in this region. The EU is concerned that the new regulation, which makes tax cuts dependent on content produced in the US, will put European car companies and manufacturers in the green economy field, including batteries and renewable energy equipment, at a disadvantage. For Europe, which is going through a difficult period with the energy crisis, high inflation and possible recession concerns, the backwardness of the industry stands out as a fundamental risk. EU leaders are trying to determine a common strategy against this situation.