Jørgensen: Energy crisis ‘bad’ even if peace tomorrow

Europe is facing a serious crisis that will last months and could stretch into years, the EU’s Energy Commissioner has warned. The European Commission has today unveiled a raft of new measures which it says are designed to try to protect households and businesses from price shocks and to be better prepared in light of the war in the Middle East. The plans include allowing member states, including Ireland, to use public money more flexibly without breaking EU state aid rules, and the setting up of a Fuel Observatory to track EU production and stock levels of jet fuel. European Commissioner for Energy, Dan Jørgensen, said it was about more than dealing with the current high prices. 

 

Out words: In the future

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