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20 Oct
13:01

EU industry demands skyrocketing energy cost policy support

European industry representatives, including Eurofer, have called for immediate support to address the skyrocketing energy prices that they say are jeopardising the post-pandemic recovery. Ahead of the European Council meeting, they are also calling for structural measures to secure affordable low-carbon energy. Gas and electricity prices have risen exponentially in recent weeks, to a level 4-5 times up on last year, due mainly to the imbalances in the gas market.…
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