Tag: EU

Sugar – why is it getting so expensive in the EU?
SUGAR
3.61%

Sugar – why is it getting so expensive in the EU?

Sugar prices in the European Union are almost three times higher than a year ago. Smaller companies in the industry are facing problems.

European car production could fall by 40%

Under the worst-case scenario, such a huge reduction in production could happen by 2023. The energy crisis is mainly to blame.

Poland surprisingly does not raise its interest rates

Neither the neighbouring Czech Republic nor Hungary are likely to raise rates. Is this the end of interest rate hikes?

Azerbaijan urges to increase gas pipeline capacity to Europe

Azerbaijan has begun talks with partners to double the capacity of its gas pipelines to Europe. Could this be a lifeline for Europe?
Severe explosions damage Nord Stream pipelines Audio article

Severe explosions damage Nord Stream pipelines

Swedish and Danish gauging stations massive underwater explosions where the Nord Stream pipeline subsequently started leaking gas.

Poland has enough gas and coal for the winter

Poland has secured supplies of natural gas and coal for the upcoming winter heating season. It managed to do so without Russian supplies.

How are central banks behaving now?

Central banks around the world are now announcing the results of their meetings. There were surprises in Switzerland, for example.

EC wants to withdraw €7.5 billion from Hungary

According to the EC, Hungary is not doing enough to fight corruption and is problematic in awarding public contracts.

Are we seeing a coal rush?

Buyers, mainly from Europe, are scrambling for shipments of thermal coal around the world. This opens up new import options.

Europe can get Russian gas through Nord Stream 2

President Vladimir Putin says that Russia is not to blame for the energy crisis in Europe. Gas can once again flow through Nord Stream 2.

EC to limit revenues of electricity producers

The European Commission is proposing to limit the income of non-gas electricity producers, who have recently made large profits.
Hungary rejects capping of Russian gas prices
NG
0.27%

Hungary rejects capping of Russian gas prices

According to Hungary, the move is contrary to their interests. It would lead to an immediate cutoff of Russian gas supplies.