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Energy crisis: European countries will spend 500 billion euros

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The countries of the European Union together allocated 314 billion euros for measures to alleviate the crisis, while the UK – 178 billion euros.

European governments have allocated almost 500 billion euros this year to protect citizens and companies from sharp increases in gas and electricity prices. On Wednesday, September 21, Reuters reported in connection with the think tank Bruegel from Brussels.

It is indicated that the 27 countries of the European Union have allocated 314 billion euros in total for measures to alleviate the crisis, while the UK has allocated 178 billion euros.

However, if you include the funds allocated by governments for the nationalization, rescue or lending of energy companies, the EU countries alone spent around 450 billion euros.

Earlier, Bloomberg predicted that energy in Europe will last until at least 2025. At the same time, preparations for the next several heating seasons in Europe may become more difficult due to the lack of supplies of gas from Russia.

Gas reserves in the EU now average 86%, which is higher than in previous years. At the same time, the share of Russian gas in total EU imports fell to 9%.

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Source: korrespondent

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