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Economy

If Ukraine war doesn't end, next winter will be even worse — Gentiloni

In an interview with Euronews, EU Commissioner Paolo Gentiloni discussed the worrying state of the European economy and the looming threat of recession.

Economy

Brussels unveils first-ever EU cap on gas prices but as 'last resort'

After months of political pressure, the European Commission has presented a formal proposal to prevent high gas prices.

Europe News

EU's drive towards electric cars faces difficult road ahead

Cars using internal combustion engines will no longer be sold in Europe after 2035.

Europe News

International aid conference aims to help Moldova with energy crisis

Two previous conferences raised hundreds of millions of euros for the former Soviet republic.

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Economy

Rising production costs puts the squeeze on Europe's bakers

Whether it's the local family bakery around the corner or the huge industrial-scale bakeries, skyrocketing bills are an existential threat. Euronews speaks to bakers in the Netherlands, Romania, and Italy to find out more.

Europe News

EU gas cap will be suspended if LNG cargoes go elsewhere – EU official

The instrument will act as a "safety ceiling" to prevent excessive gas prices and curb rampant speculation.

Economy

Bakers go bust while EU ministers mull gas-price cap

European energy ministers are debating an EU gas-price cap to help consumers. But for some businesses, such as bakeries, the action on bills is too little too late.

Europe News

France's ageing nuclear fleet paints bleak picture for now and future

France has 56 reactors, the most out of any European country.

Earth News

Energy crisis: Germans turn to wood burning stoves to save on gas

Just like many other Germans, a retired couple has turned to using a wood burning stove this winter in order to save on gas.

Europe News

Eurozone facing recession at the end of the year, Brussels says

High prices are here to stay, with the European Union predicting inflation will remain throughout 2023.

Tech News

Europe’s energy crisis forces early shutdown of Large Hadron Collider

The world’s largest particle-physics lab normally runs up huge energy bills. This winter, it’s trying to cut its consumption.

Europe News

MEPs vote in favour of including energy measures in recovery plans

The parliament overwhelmingly endorsed by a vote of 471 to 90 having EU governments amend their COVID-19 recovery plans to include measures to save energy while amending the proposal to prioritise investments to tackle energy poverty for vulnerable households and small companies.

Europe News

EU to unveil emergency law to boost renewables over gas shortage fears

According to the IEA, the emergency law could replace 14 billion cubic metres of gas with renewables.

Greece

Clashes in Greece as strikes over inflation disrupt public transport

Inflation among Eurozone countries -- including Greece -- hit a record 10.7% last month.

Ecotech

Which European countries are leading on solar power?

Solar isn’t just for green fields. From roads to railways and reservoirs, here’s how Europe’s energy landscape is changing for the better.

Business

Universal government spending may lead to higher inflation in Eurozone

The European Commission has warned eurozone countries that the "significant" fiscal expansion they are adopting to fight the energy crisis may worsen inflation. It urged common-currency nations to move towards more targeted measures that support only vulnerable households and businesses.

Europe News

Gas and electricity bills 'nearly double in all EU capitals'

Electricity bills in all EU capitals have increased by 69% while gas costs have increased by a "staggering" 111% compared to 2021, according to new figures.

My Europe Series

New France & Spain pipeline unlikely to solve energy crisis - experts

The new pipeline project between France and Spain is unlikely to solve Europe's energy problems, experts told Euronews.

Euronews Witness

Lack of coal causes winter anxiety for Poles who depend on it

Poland lacks coal. The steady decline of its own production, the embargo on Russian imports, and soaring inflation have cornered the millions of Poles who are still heavily dependent on it.

Europe News

EU leaders head to COP27 as countries switch from gas to coal

The EU intends to urge other countries to "close the book on unabated coal" and put an end to "inefficient" fossil fuel subsidises.