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EU expects high energy costs to linger – media ...News
The European Commission says prices will not decrease until 2024 The European Commission (EC) expects gas prices in the EU to remain high throughout the coming winter and beyond, the commission’s spokesman, Tim McPhie, said at a briefing on Thursday, according to media reports. “The prices will fall again in 2024-2025. But they are subject to some fluctuations,” McPhie said, as quoted by Interfax. He explained that the EC is doing everything possible to manage the demand for gas in order to mitigate the effect of high tariffs on households and businesses. “We are in a very exceptional situation – supply does not m
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