EU green lights first-ever cap for gas prices in bid to tackle energy crisis
The European Union on Monday agreed the first-ever cap on gas prices after months of political wrangling that included an absurdly rapid series of draft…
Tag
Rising Prices
5 articles
Why oil prices have fallen despite tighter restrictions on Russian supply
The implementation of a European embargo and a G7 price ceiling on Russian petroleum this week marked a turning point in world geopolitics.
German Finance Minister Allocates EUR 83 billion to Cooling Energy Prices
Christian Lindner (FDP), the German federal minister of finance, has allotted 83 billion euros for the purpose of putting the brakes on the growth of gas…
Energy
Germany to provide energy price relief to smaller businesses
German economy minister Robert Habeck has promised immediate aid to small and medium-sized organizations (SMEs) who rely heavily on energy to mitigate…
News
Europe is on the verge of recession as the cost of living crisis worsens
The euro zone is almost surely approaching a recession, as surveys released on Monday indicate a worsening cost-of-living crisis and a bleak outlook…