Analysis-Europe’s low gas stocks pile on the economic and political pressure
Gas storage is 69% full, and analysts say higher prices are discouraging private buyers and raising pressure on the European Central Bank.
9 Articles
9 Articles
Europe's gas storage tanks have been filled by only 69 per cent, and gas prices have risen by 150 per cent per year, increasing inflationary and political pressure on EU governments.
The delay in Europe's replenishment of natural gas stocks, combined with prices close to record levels of diesel and other petroleum derivatives, has increased pressure on governments as they try to contain the discontent of the population and the rise of the ultra-right. Read also: ECB authorities warn of inflation above the projected discharge of natural gas Victory of the ultra-right in Germany threatens Merz's reform agenda The issue is part…
Europe's low gas stocks pile on the economic and political pressure
Europe's delay in restocking natural gas storage reserves, combined with near-record prices for diesel and other refined oil products, has added to the pressures on governments as they try to contain public discontent and the rise of the far-right.
Europe’s energy crisis is becoming a test of political resilience
Europe’s renewed energy squeeze is becoming a test of economic resilience and political credibility. Low gas reserves and sharply higher transport fuel costs are exposing governments to several pressures at once: households face another deterioration in purchasing power, manufacturers confront rising operating expenses, and public finances limit the scope for relief. The danger extends beyond an expensive winter. A prolonged shortage could weak…
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- 57% of the sources lean Right
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