EU chief proposes price cap on Russian gas to help deal with energy crisis
18 September 2022 | 7:45 am
Ursula von der Leyen also proposed a price cap for firms profiting from rising energy prices and spoke of a "solidarity contribution" for fossil fuel companies.
Bangladesh has taken in over a million Rohingya after they were forced out of Myanmar. Now, the Bangladeshi government is pressuring the EU to help repatriate them.
The war in Ukraine has enflamed north-south rivalries among the German states, as Bavaria and Lower Saxony swap barbs over energy policy. Upcoming regional elections have heightened the political stakes.
EU defense ministers are searching for a unified approach as to whether the bloc should ban Russian tourists. A visa agreement could be suspended.
Pressure is building for an EU-wide cap on the cost of gas and electricity, as prices soar. How does the power market work and can it be reformed to avoid so much volatility?
Foreign ministers from the EU are meeting in Prague, where they will debate changing visa rules for Russian tourists. The Baltic states in particular see issuing visas to Russians as a security risk. DW's Juri Rescheto filed this report from Estonia.
The EU will work to “define the parameters” of a collective mission to help train the Ukrainian army in fighting Russia’s invasion, the bloc’s foreign policy chief said.
People in Germany are beginning to feel the pinch, in the face of skyrocketing electricity, fuel, and food prices. As inflation rises, concern is mounting — and so is dissatisfaction with the government.
The deal serves the EU's ambitions to increase its influence in Southeast Asia, as Thailand seeks out diverse trade links. The deal was delayed by almost a decade in the wake of a military coup.
Skyrocketing prices for electricity, gas and grain are putting an existential burden on Germany's many bakeries. Only large chains and successful artisan bakeries are likely to survive, said one baker in Bonn.
It's Day One on the job for Britain's new prime minister, and as Russia squeezes natural gas exports, Liz Truss faces a wartime economy. And across the Channel, how to keep the light on? How to rein in inflation? As Europeans pool their energy purchases, tax windfall profits and collectively ease costs for consumers, will they include Britain and their now Brexiteer PM in that conversation?
It's day one on the job for Britain's new prime minister and as Russia squeezes natural gas exports, Liz Truss faces a wartime economy. How to keep the lights on across the Channel? How to rein in inflation? As Europeans work to pool their energy purchases, tax windfall profits and collectively ease costs for consumers, will they include Britain and their now Brexiteer PM in that conversation?
The European Union is proposing a cap on the price of Russian natural gas, despite Vladimir Putin threatening to cut off supplies for any market that does so. European Commission President Ursula von der Leyen is also asking energy ministers to consider imposing a windfall tax on companies that have reaped the benefits of high oil and gas prices. It's a move many countries are considering - although the UK's new Prime Minister Liz Truss has ruled it out.
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