European Commission – Page 12

Europe Will Pay a High Price to Free Itself From Russian Energy

Soaring energy prices may speed the continent’s move to a green energy future.

April 12, 2022

Officials Say Russian Art, Seized by Finns, Should Return Home

Finnish custom officials had seized the art several days ago, but the Finns and European Union officials decided that art lent to museums for exhibit did not come under sanctions.

April 8, 2022

Amid Sanctions, Putin Reminds the World of His Own Economic Weapons

The Russian leader has stabilized the ruble and kept Europe’s leaders guessing by threatening to cut off energy. But he has left the country financially isolated.

April 2, 2022

Europe and the U.S. Make Ambitious Plans to Reduce Reliance on Russian Gas

President Biden said the United States would send more natural gas to Europe, though he did not specify how given that the U.S. is already near its export capacity.

March 25, 2022

European Union countries agree to jointly purchase gas.

European leaders announced the agreement Friday, an effort to ease their reliance on Russia and contain energy costs.