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No energy shortages, but a painful winter looms for Europe
Europe needs to protect consumers from another energy price shock while making fossil fuels less central to the economy. Emergency measures can soften the immediate blow, but Brussels is warning governments not to let short-term subsidies or tax decisions undermine the green transition.
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Europe News
EU tells capitals to cut gas demand amid rising supply concerns
Although the EU is not facing immediate gas shortages, Energy Commissioner Jørgensen warned capitals that soaring prices driven by rising global demand could lead to shortages as winter approaches, according to a letter seen by Euronews.
Europe News
EU countries push back against Brussels power tariff rules
European Union governments are pushing back against a Brussels drive to reshape electricity network costs, watering down plans for coordinated tariffs as the fight over the bloc’s expensive and congested power grids becomes increasingly political.
Europe News
France urges EU to relax fuel rules as oil crunch looms
In a letter to Ursula von der Leyen, Macron said the EU’s energy security has so far relied heavily on buffers — including stockpiles, refinery flexibility, weaker demand and redirected global trade — rather than addressing the underlying supply shock, according to the letter seen by Euronews.
Europe News
13 EU countries call for 'deep cleaning' of European laws
Austria is leading a new alliance on regulatory simplification, pushing for a systematic review of how new rules would impact businesses and a "deep cleaning" of existing rules to be conducted during an "implementation and consolidation year."