
PARIS — The annual gathering of France's largest business association, Le Mouvement des Entreprises de France, had a different tone this year. As CEOs and executives hobnobbed at the grassy Longchamp Racecourse in Paris, their main concerns were no longer stubborn French unions or a left wing that rejects capitalism. The pressing matter on everyone's minds was rising energy prices, and whether Europe will have enough gas to make it through the winter.
"If Russia completely turns off the spigot this winter, there won't be enough gas in Europe," French Prime Minister Élisabeth Borne told the influential group this week. "There is no immediate alternative source to plug that hole today."