Posted on October 18, 2022 This week the European Union Summit is being held to discuss energy prices and we will have to focus on the possibility of approving a new joint debt issuance plan to deal with to the energy bill. Additional proposals to solve the energy crisis are expected today, meanwhile, Ursula Von der Leyen and the Energy Commissioner will hold a press conference to announce the EU’s additional energy intervention proposals. The measures are expected to include a mandatory 15% reduction in gas demand, the development of an alternative gas benchmark, a joint gas purchasing mechanism for the European Union, and a dynamic price cap. The proposals still need to be debated and approved by the member states and at the earliest they could be approved during the EU Summit to be held on October 20 and 21. In Asia, China has asked state-owned natural gas importers to stop gas sales to buyers in Europe and the rest of Asia, with the aim of guaranteeing its own supply during the winter, which could worsen the energy crisis it is experiencing. the European continent since the outbreak of the war between Russia and Ukraine. INFORMATIONTitleSummit on the energy crisis in EuropeDescriptionThis week the European Union Summit is being held to discuss energy prices and we will have to focus on the possibility of approving a new joint debt issuance plan to deal with to the energy bill. Author GLOBALCAJA
Summit on the energy crisis in Europe
