Top
image credit: Adobe Stock

EU faces battle to keep energy prices from tanking economy

October 18, 2022

Via: ABC News
Category:

European Union leaders enter a crucial stretch this week to make sure runaway energy prices and short supplies do not further tank their struggling economies and foment unrest. At the same time, they need to keep all 27 members united in their opposition to Russian President Vladimir Putin.

Leading up to Thursday’s start of a key summit, the EU’s executive Commission is presenting a blueprint on Tuesday that needs to reconcile the yawning gap between those who want to impose a common gas price cap to keep prices down and those who think it would primarily keep out supplies, further starving industries and businesses.

Read More on ABC News