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Gas crisis: the Twenty-Seven are preparing for the worst

2022-06-24T18:24:37.324Z


The Heads of State instructed the Commission to find new solutions to guarantee supply at affordable prices.


Brussels

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Hoping for the best of scenarios, but preparing for the worst.

Faced with the deterioration of the economic outlook and the fear of a difficult winter, the Heads of State and Government of the European Union meeting in Brussels have decided to intensify preparations and coordination.

The points initially on the agenda (the difficult adoption of a roadmap to complete the Banking Union or Croatia's entry into the euro on 1 January next) were quickly dealt with.

For the moment, we avoid talking about the scenario of a recession.

Instead, Eurogroup President Paschal Donohoe and European Central Bank President Christine Lagarde predict weaker-than-expected growth for 2022 and 2023. But inflation (which hit 8.1% in the eurozone) is “

a major concern for all of us

", explains the President of the European Council Charles Michel.

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Source: lefigaro

All news articles on 2022-06-24

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