The new Directive RED III requires at least 42.5% of final energy consumption to come from renewable sources. How to cover the gap between today’s 21% and the 42.5% target in six years. How will pay higher bills? Timidly, the governments of the 27 have held back the ultra-green push from the European Commission […]
Tag: Ukraine
Despite an already packed agenda, European leaders gathered in Brussels will be called upon to express their views on recent events in Russia and relations with China. In the first case, they will have to assess their strategy in relation to the war in Ukraine. In the second case, they will need to decide on […]
European energy ministers’ meeting today in Brussels was not able to agree on European measures to limit the energy cost. Many countries have already done this with national measures. European citizens pay 3 or 4 times more gas and electricity and some countries have already taken their own countermeasures: by setting a national price cap […]
Inflation has risen to levels not seen in 40 years in the euro area or in many other countries, forcing some central … And it’s growing. The return of inflation
Although Russia’s invasion of Ukraine began on 24 February 2022, it was preceded by long and repetitive military build-ups at the border, as well as … Russia’s war on Ukraine: Military balance of power
As a system for standardised payment instructions and messaging services, SWIFT has become the basis for most global financial transactions. Russia’s war on Ukraine: Cutting certain Russian banks off from SWIFT
While Ukraine has received considerable support from the EU and European financial institutions since 2014, Russia’s invasion of Ukraine, launched on… Russia’s war on Ukraine: EU budget response