EU Energy Crisis Bill Nears €800 Billion ...Middle East

Economy by : (OILPRICE) -
European governments' bill to shield companies and households from soaring energy costs has soared to nearly 800 billion euros, Brussels-based think-tank Bruegel has revealed.  According to the researchers, EU countries have now earmarked or allocated 681 billion euros in energy crisis spending; Britain has allocated 103 billion euros while Norway has earmarked 8.1 billion euros since September 2021.  On the basis of gross spending by individual countries, Germany tops the spending chart, having allocated nearly 270 billion euros to shield…

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