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Europe News

Tieless Pedro Sánchez asks Spaniards to ditch the tie to save energy

The Spanish PM showed up tieless to a press conference and asked his fellow Spaniards to follow suit.

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.

Germany

Berlin turns off the lights in a bid to save energy

Berlin has decided to turn off the lights of several monuments as part of an energy-saving attempt amidst fears of winter gas shortages.

Eco-Innovation

Paris expands its underground cooling system to beat the heat

Paris' urban cooling network is set to triple in size, reducing the city's temperature by 1°C.

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Europe News

Energy poor in Spain struggle amid high inflation and heatwave

Euronews spoke with Monica Guiteras Blaya about the worsening energy crisis for those who can't afford to pay the bills.

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.

World News

Fears of winter gas shortages as Nord Stream reduced to 20% capacity

Gas deliveries via Nord Stream fell on Wednesday to almost 20% of the pipeline's capacity, amplifying the risk of shortages this winter in several European countries.

Greece

MBS visits Europe

Saudi Crown Prince Mohammed bin Salman is in Athens on his first European Union trip since the 2018 killing of Saudi journalist Jamal Khashoggi

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.

Tech News

Tesla profits jump and Elon Musk is confident amid global economy woes

Musk dismissed the idea that global economic problems were hurting interest in Tesla, despite vehicle prices' rising to what he called "embarrassing levels".

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.

Europe News

Energy crisis: Brussels calls on member states to cut gas use by 15%

The aim, the Commission said, is to safeguard supply to households and essential users like hospitals and key industries.

Italy

Algeria becomes Italy's biggest gas supplier in new €4bn deal

With his government's fate in limbo, Italian PM Mario Draghi visted Algeria’s capital on Monday to finalise deals boosting Algerian gas supplies to Italy as Europeans brace for a possible cut-off of Russian gas.

World

Energy in Angola: growing all sources for an energy-secure future

In partnership with Governo de Angola

Angola is Southern Africa's second-largest oil and gas producer but it's aiming to be a renewable energy power. Global Angola reports.

Hungary

Hungary declares 'state of emergency' over threat of energy shortages

Officials say the war in Ukraine and EU sanctions on Russia have caused an "energy crisis".

Europe News

EU welcomes Canada's decision to return Russian turbine to Germany

Ukraine has criticised the move as a "dangerous" concession to Russia, which is under heavy Western sanctions.

Economy

Euro reaches parity with dollar for the first time in 20 years

The value of the common currency has plunged since Russia launched the invasion of Ukraine.

Europe Decoded

Which EU countries have been cut off from Russian gas?

Over the past months, Moscow has totally or partially cut off the gas supply to several EU member states, a radical attack that hurts both the European and the Russian economies.

Green News

Euroviews. View: Billions of euros in aid are being rerouted into climate finance

A new report reveals that much of the public climate finance reported by rich countries was actually taken directly from development aid budgets.

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