E.U. ready if Russia turns off gas supplies, says economy commissioner Paolo Gentiloni

Russian gas giant Gazprom said on September 2 that the Nord Stream pipeline linking Russia to northern Germany would be ‘completely’ stopped Russian gas giant Gazprom said on September 2 that the Nord Stream pipeline linking Russia to northern Germany would be ‘completely’ stopped E.U. Economy Commissioner Paolo Gentiloni said September 3 that the European … Read more

EU’s Gentiloni Sees Energy Price Caps Curbing Inflation in 2023

Breadcrumb Trail Links PMN Business (Bloomberg) — European inflation should moderate in 2023 if measures taken to cap the prices of Russian oil and gas prove to be effective, European Economy Commissioner Paolo Gentiloni said. Author of the article: Bloomberg News Luca Casiraghi and Alessandro Speciale Article content (Bloomberg) — European inflation should moderate in … Read more

EU Favors Only Limited Tweaks to Recovery Plans, Gentiloni Says

Breadcrumb Trail Links PMN Business (Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Author of the article: Bloomberg News John Follain Tourists and pedestrians passing Dome Cathedral in Duomo Square in Milan, Italy, on Friday, April 1, 2022. At the end of the March, Mario Draghi’s government ceased a … Read more