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energy crisis

Late push for coal subsidies upsets EU deal on energy reforms

A late proposal to extend subsidies for coal plants has upset European Union countries' plans on Monday to approve a reform of the bloc's...

Europe’s outlook for economic growth brightens a little

The European Union’s executive body raised its economic growth forecast, saying Europe had dodged a winter recession that was feared amid an energy crisis but...

Europe’s spend on energy crisis nears €800 billion

European countries' bill to shield households and companies from soaring energy costs has climbed to nearly €800 bln, researchers said on Monday, urging countries...

EU’s power market overhaul talks to focus on shielding consumers

European Union government officials will discuss key elements of a planned overhaul of the bloc’s power market this week, setting the scene for difficult...

EU dims hopes for a price cap to contain soaring gas costs

The European Union’s executive signaled it does not see a price cap on imported natural gas as the best tool to rein in an...