"Europe is staring down a familiar and unwelcome set of circumstances: rising energy prices, slowing growth and growing political pressure, as the fallout from the U.S.-Israeli war with Iran ripples through global markets."
"EU governments are scrambling to cushion the blow - with far fewer tools than they had when the full-scale Russian invasion of Ukraine triggered the last energy crisis."
"German conservatives turn up the heat on Ursula von der Leyen - and Belgium looks to keep the lights on in its shops a little longer."
Europe is experiencing rising energy prices and slowing economic growth, compounded by political pressure. The ongoing U.S.-Israeli conflict with Iran is impacting global markets, leaving EU governments with limited options to mitigate the effects. This situation is reminiscent of the energy crisis triggered by Russia's invasion of Ukraine. The political landscape is also shifting, with German conservatives increasing pressure on Ursula von der Leyen, while Belgium seeks to extend shop operating hours to address energy concerns.
Read at POLITICO
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