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EU to propose crisis measures to curb energy price spike

The European Union is set to unveil plans on Wednesday to skim off windfall profits from energy companies and impose cuts in electricity usage across the bloc, in a package designed to shield citizens and businesses from surging energy prices.

read more... 14/09/2022

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Germany to subsidise basic level of power for homes, businesses

Germany plans to subsidise a basic level of electricity usage for households and set aside cheaper power for small and medium-sized businesses, according to measures set out in an Economy Ministry paper seen by Reuters on Thursday.

read more... 09/09/2022

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Scholz promises 65 bln euros to shield Germans through tough winter

Germany will spend at least 65 billion euros ($64.7 billion) on shielding customers and businesses from soaring inflation, Chancellor Olaf Scholz said on Sunday, two days after Russia announced it was suspending some gas deliveries indefinitely.

read more... 05/09/2022

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Sweden set to take on more of consumers' soaring energy bills

The Swedish government said on Wednesday it would probably have a bigger buffer than it had previously expected to take on some of the soaring energy costs of households and businesses this winter.

read more... 02/09/2022

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Portugal to let households move to cheaper regulated gas tariffs

Portugal's government will allow households and small businesses that buy natural gas in the liberalised market to move to regulated tariffs and avoid huge price increases announced by utility companies, the energy minister said on Thursday.

read more... 29/08/2022

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