English

Jorge Liboreiro

Europe News

Energy ministers discuss savings and caps to curb power prices

A proposal to establish a price cap on Russian gas has become divisive and is likely to be discarded.

Europe Decoded

Energy crisis: Six things you need to know about the EU's gas storage

Gas storage has emerged as a national security priority to prepare countries for a total suspension of Russian supplies.

Europe News

Von der Leyen unveils five proposals to curb rising energy prices

The European Commission's president proposed a price cap on Russian pipeline gas and a plan to save electricity during peak hours.

This will impact your life

Cost of living crisis: What energy prices does the EU want to cap?

Member states are discussing a proposal to partially capture the excess revenues made by renewable and nuclear energy.

ADVERTISEMENT

Europe News

'It took so long': Leaders criticise late EU action on energy crisis

Market intervention "should have been done earlier, and it's a shame that it took so long," said Belgian Prime Minister Alexander De Croo.

Europe News

Brussels mulls price cap on renewables and nuclear power to curb bills

The exceptional measure should be accompanied by an EU-wide plan to reduce electricity consumption.

Europe Decoded

Video: Why Lithuania didn't join the tributes to Mikhail Gorbachev

While Western Europe praised the last Soviet leader, the Baltic country was openly critical about his legacy.

Europe News

EU agrees to scrap Russia visa deal but stops short of tourist ban

Germany, France, Spain and Portugal were among those who opposed an outright visa ban for Russian nationals.

Europe Decoded

Energy crisis: How a Dutch market sets Europe's gas prices

All eyes are on the Title Transfer Facility, where gas prices have been breaking records on a daily basis.

Europe News

Von der Leyen calls for 'emergency intervention' in electricity market

Amid record-breaking gas prices, the European Commission president said the current market rules are no longer "fit for purpose".

Economy

EU must reform to cope with enlarging to 30-36 members, says Scholz

Scholz said the EU must adapt now for the arrival of new members such as Ukraine, Moldova, Georgia and countries in the Western Balkans.

Europe News

EU Council sued for approving Poland's €35-billion COVID recovery fund

It is claimed the agreement between Brussels and Warsaw fails to restore judicial independence in Poland.

My Europe Series

Europe's gas prices have broken a new record. How high can they go?

The latest announcement from Gazprom sent gas prices to an all-time high, raising the alarm across the continent.

Economy

Inflation across the eurozone reaches new all-time high of 8.9%

Core inflation, which excludes volatile items like energy and food, stood at 4%, the highest figure since the euro was created.

Europe Decoded

Fact check: Are EU sanctions causing a food crisis, as Russia claims?

The Kremlin is blaming the EU for the global food crisis, but the facts tell a very different story.

Europe Decoded

All you need to know about the EU's 15% gas reduction plan

The plan could introduce mandatory rationing across the bloc if Russia totally cuts off gas supplies.

Europe News

European General Court upholds EU ban on Russia Today

The bloc's top court argued the restriction does not infringe media freedom.

Europe News

Energy ministers reach deal on EU-wide gas reduction plan

Member states rushed to secure exemptions to the target to reflect national circumstances, like LNG availability.

Europe News

'A total mess': Opposition mounts against the EU's gas reduction plan

Southern countries argue the European Commission's proposed plan is disproportionate and unfair.

Europe News

EU pushes back against claims Russian oil ban is hiking prices

The EU ban will not be completed until the end of the year, so its economic effects are still unclear.

ADVERTISEMENT