Commission Recommends EU To Stop Energy Bills Support By Year-End ...Middle East

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Commission Recommends EU To Stop Energy Bills Support By Year-End
European Union member states should end financial support for energy bills by the end of 2023 in order to keep budget and fiscal targets within the recommended limits, the European Commission said on Wednesday. Since the energy crisis escalated last year after the Russian invasion of Ukraine and the soaring commodity and power prices, many EU countries have adopted various temporary relief measures to support households and businesses with their surging energy bills. But as prices, especially natural gas benchmark prices, have recently…

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