Difficult problems for EU
The European Union (EU) has just taken another step in its efforts to cool down the energy crisis as member countries have agreed on a common deal to buy gas.
EU eases fears of "gas disaster"
With an increase in gas imports from the US and savings in power use, the European Union (EU) can avoid a "gas disaster" this winter. However, despite the temporary relief of worries about the energy crisis, big challenges still await the bloc’s countries in 2023.
Challenge for EU’s climate goals
The increasingly serious energy crisis in the European Union (EU) has not only caused consequences for economic and social stability in member countries but also threatens to cast a shadow over the prospects for realising the bloc's climate goals.
Shortage crisis and pressure for energy market reform
Amid the shortage of energy supplies and sharp price increases, Europe has been seeking measures to cool down in the short term, as well as solutions for long-term stabilisation.