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WORLD WAR III
See other WORLD WAR III Articles

Title: Europe Spends Nearly €800 Billion on Energy After Sanctioning Russia
Source: The New American
URL Source: https://thenewamerican.com/europe-s ... ergy-after-sanctioning-russia/
Published: Feb 14, 2023
Author: Angeline Tan
Post Date: 2023-02-14 18:43:58 by Charles_Byrd
Keywords: None
Views: 105

European countries’ bill to supposedly protect households and companies from rising energy costs has risen to nearly €800 billion, researchers said on Monday, asking countries to be more intentional in their spending to combat the energy crunch.

European Union (EU) countries have presently allocated €681 billion in energy crisis spending, while Britain earmarked €103 billion and Norway €8.1 billion since September 2021, based on an analysis by think-tank Bruegel.

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