Get all your news in one place.
100's of premium titles.
One app.
Start reading
WEKU
WEKU
World
The Associated Press

The European Union faces a battle to keep energy prices from harming its economy

European Commission President Ursula von der Leyen speaks during a media conference at EU headquarters in Brussels on Wednesday, July 20, 2022. (Virginia Mayo/AP)

BRUSSELS — European Union leaders enter a crucial stretch this week to make sure runaway energy prices and short supplies do not further tank their struggling economies and foment unrest. At the same time, they need to keep all 27 members united in their opposition to Russian President Vladimir Putin.

Leading up to Thursday's start of a key summit, the EU's executive Commission is presenting a blueprint on Tuesday that needs to reconcile the yawning gap between those who want to impose a common gas price cap to keep prices down and those who think it would primarily keep out supplies, further starving industries and businesses.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.