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Money

Ban proof of work crypto mining to save energy, EU regulator says

The vice-chair of the EU's financial regulator told the Financial Times that the crypto mining industry was becoming a "national issue".

My Europe Series

Is Europe still battling an energy crisis after Putin's gas pledge?

Europe’s natural gas crisis is droning on with high prices and concerning low storage levels as much of winter still looms.

Sweden

Sweden to help households as electricity prices soar over 266%

Some 1.8 million households are affected, the government said.

Poland

Soaring energy prices hit Polish public institutions

Last month, the prices of electricity and natural gas on the Warsaw Commodity Exchange reached the highest levels in its 20-year history, forcing authorities to lower VAT to zero on food starting 1 February.

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Poland

Europe's gas crisis prompt Polish coal miners to protest over pay

They say they've worked overtime to mitigate Europe gas supply problems.

Europe News

EU wants to phase out natural gas by 2049 to fight climate change

The European Commission has unveiled new plans to promote "low-carbon gasses" and allow joint procurement of supplies.

Serbia

Euroviews. Russia's gas gift to Serbia comes with strings attached | View

Gas prices in Serbia will remain stable for another six months in a relief for President Vučić after a fraught meeting with Putin last month. But at what cost? asks LSE's Vuk Vuksanovic.

Republic of North Macedonia

North Macedonia declares 30-day state of emergency over energy crisis

North Macedonia's government said it would provide emergency funding for state companies to import the necessary fuel.

World News

Euroviews. We need to include people in net-zero transition plans | View

Energy providers from Scotland to Scandinavia must work with trade unions and consumers to ensure a just transition to renewables, says María Mendiluce of the climate-focused We Mean Business Coalition

World News

Euroviews. Europe must reduce its dependence on Russian gas | View

The EU must diversify its energy sources or risk a security crisis, writes Eastern Europe journalist Mark Temnycky

Climate

'You don't need nuclear to get to net zero,' says climate professor

Jeffrey Sachs, the Director of the Center for Sustainable Development at Columbia University, gives us his insight into nuclear vs. renewable energy.

Economy

Eurozone inflation hits 13-year high amid persistent energy crunch

Prices across the eurozone rose by 4.1% in October, up from 3.4% in September.

Russia

Europe gas prices drop after Putin orders Gazprom to fill EU stocks

Europe’s gas prices have soared in recent weeks but immediately fell after a call between the Russian president Vladimir Putin and Gazprom.

France

French pain ahead? Bakers could knead to raise their baguette prices

The price hike fears are linked to a 30% worldwide increase since September in the price of wheat — one of the baguette's key ingredients — after bad harvests in Russia and Canada,

Europe News

Why Europe's energy prices are soaring and could get much worse

A combination of market, geographic, and political factors have coalesced into a perfect storm, threatening to derail the economic recovery and hurt household incomes.

Spain

Spain presses Algeria to guarantee natural gas supply

A spike in energy prices across Europe is hitting the Iberian peninsula hard and driving up electricity bills for homes and businesses.

Europe News

EU countries dismiss Spain's calls for energy market intervention

Spain has been pushing for a change in the current rules to decouple the prices of electricity and natural gas.

Spain

Why it's not just Spain's poor fearing a rise in electricity bills

Charities are calling for governments to increase social aid and issue bans on disconnections so those who can't afford their bills aren't left in the dark.

Europe News

9 EU countries say no to market reform to tackle energy crunch

Led by Germany, the nine countries argue the current energy crisis is temporary and the existing rules are the most competitive and efficient.

Moldova

Moldova's parliament declares state of emergency over gas crisis

Moldova has declared a state of emergency to secure gas supplies amid a crisis over rising prices.