Special European Council meeting on strengthening the EU’s competitiveness
At the special European Council meeting in Brussels the EU leaders discussed the importance of strengthening the competitiveness of the European Union and its Single Market.
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At the special European Council meeting in Brussels the EU leaders discussed the importance of strengthening the competitiveness of the European Union and its Single Market.
The influential Bild newspaper recently reported the German government wants to ban all electricity and gas suppliers from increasing prices next year. In response, the German Ministry for Economic…
The European Commission has set out the intermediate gas storage filling targets that Member States should meet next year in order to reach the 90% gas storage target by 1 November 2023. The…
The German government set out its 200 billion euro energy relief package in September. The package will, however, provide only limited relief for businesses and is unlikely to dissuade companies that…
In reaction to recent dramatic energy price rises, the European Commission has proposed an emergency market intervention. To ease the pressure on European households and businessses caused by the…
The Dutch government has decided to allocate at least 150 million euros to prevent people being cut off by energy suppliers in the coming months if they can't pay their energy bills. A special fund…
The German government has approved the third package of relief measures to ease pressure on households and businesses amid spiraling inflation and energy costs. The new plan with a budget of €65…
According to a local government representative, energy-intensive industries in Italy are modifying their production to save energy as they struggle with soaring energy bills. Entire industrial…
On Friday August 5, the Russian and Turkish presidents met in Sochi. A day after the meeting, President Erdogan said Turkey will switch part of its payment for Russian gas to rubles. Turkey is a NATO…
Surging energy prices partially connected to the war in Ukraine have pushed inflation in the 19 countries using the euro to a record high. Energy costs have risen 41.9% compared to last year's…
Experts expect uncertainty on oil markets in the near future, because of the ongoing war between Russia and Ukraine and the COVID-related lockdowns in China, the world's largest crude importer. The…
According to Refinitiv data, about two-thirds of US liquefied natural gas (LNG) volumes went to Europe in January, compared to around 61% in December, outpacing exports to Asia for the second month in…
Jochen Homann, the head of Germany's Federal Network Agency, has warned that the Nord Stream 2 gas pipeline may not be able to start operations for several months. According to Homann, further steps…
Indian Prime Minister Narendra Modi has set a target to raise the share of natural gas in the country's energy mix to 15% by 2030 from the current share of about 6.2%. The Indian government would…
The Polish government and unions have signed an agreement with the coal mining industry to phase out coal production by 2049. Industry representatives have agreed to shut all coal mines, with…