Allocating 40 billion euros and joint gas purchases … the most prominent proposals of the European Commission on the Energy Crisis

Allocating 40 billion euros and joint gas purchases … the most prominent proposals of the European Commission on the Energy Crisis

The following are the most notable claims made by the European Commission in their set of suggestions to resolve the gas problem affecting European nations: The largest stock exchange in Europe, TTF, will get a dynamic gas pricing mechanism, according to a proposal from the European Commission.
The European Commission proposes a joint gas purchase of the union with 15% of the total demand.

Before making any gas purchases, countries in the European Union will be required to notify the European Commission.
The European Commission wants to establish a new liquefied natural gas standard by March 2023.
The European Commission suggests spending 40 billion euros to help businesses and citizens of the European Union that are struggling with the energy crisis.
The European Union countries until March 2023 must reduce their monthly gas consumption by 15%.

The European Commission proposes to compel the European Union countries to share gas with each other in an emergency.
Origin: Tas.

The European Commission’s two most notable suggestions for the Energy Crisis include allocating 40 billion euros and making pooled gas purchases.

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