european-economies
Top StoriesEnergy Savings Drive Directs EU Parliament to Turn Down Heat
Top StoriesPortugal’s Central Bank Lifts 2022 GDP Forecast, Warns of 2023 Slowdown
Top StoriesGlencore to Place Nordenham Zinc Smelter on Care and Maintenance From Nov 1
Top StoriesBank of Spain Cuts 2023 Growth Forecast to 1.4%, Lifts 2022 Forecast
Sweden Sends Diving Vessel to Probe Leaking Nord Stream Pipelines
Date: October 3, 2022
By Johan Ahlander and Terje Solsvik STOCKHOLM/OSLO (Reuters) – Sweden sent a diving vessel on Monday to the site of Russian gas pipelines in the Baltic Sea that ruptured last week following blasts in the area, to probe an incident that has added new tension to Europe’s energy crisis. Europe is investigating what caused three...
Central European Leaders Pledge New Measures to Stem Flow of Migrants to EU
Date: October 3, 2022
BUDAPEST (Reuters) – The leaders of Hungary, Serbia and Austria pledged new measures on Monday to contain the flow of illegal migrants into the European Union through the Western Balkans, as border control forces become increasingly strained. In the first eight months of this year, 86,581 irregular entries were detected at the external borders of...
Greece to Present Proposal on EU Gas Price Cap This Week – Energy Minister
Date: October 3, 2022
ATHENS (Reuters) – Greece will submit a technical proposal for a cap on natural gas prices to the European Commision later this week following consultations with other European countries, its energy minister said on Monday. EU countries’ energy ministers adopted a fresh set of policies on Friday to attempt to tame high energy costs, including...
Euro Zone Eyes Temporary, Targeted Energy Support Amid High Inflation
Date: October 3, 2022
By Jan Strupczewski BRUSSELS (Reuters) – Euro zone finance ministers are likely to pledge on Monday that national financial shields against soaring energy costs will be temporary and targeted, so as not to trigger a wage-price spiral that would boost already record high inflation, officials said. The ministers, meeting in Luxembourg for regular monthly talks,...
Europe Braces for Heavy Oil Refinery Outages Amid Tight Supplies
Date: October 3, 2022
(This September 29 story refiles to fixe typo in analyst’s name in 5th and 7th paragraphs) By Ahmad Ghaddar and Rowena Edwards LONDON (Reuters) – A heavy oil refinery turnaround season in Europe this autumn, plus French strike action, is set to push diesel prices higher and tighten supplies ahead of a European Union ban...
EU Countries Spar Over Gas Price Cap
Date: September 30, 2022
By Kate Abnett, Gabriela Baczynska and Philip Blenkinsop BRUSSELS (Reuters) – European Union countries disagreed on Friday about whether and how to cap runaway gas prices, with Germany among those opposing the measure that 15 other states said was needed to tackle Europe’s energy crunch. Meeting in Brussels on Friday, ministers from the 27 EU...