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Added on the 08/09/2022 17:13:53 - Copyright : AFPTV - First images
The European Commission urges EU countries to reduce their demand for natural gas by 15 percent over the coming winter months to overcome Russia's energy supply "blackmail". SOUNDBITE
President of the European Commission Ursula von der Leyen warns that "Russia is blackmailing" EU member states and "using energy as a weapon." Russian President Vladimir Putin has played hot and cold in recent days with his threats to cut off gas deliveries to the bloc of 27 members, but Brussels is asking EU countries to prepare for the worst. SOUNDBITE
In Luxembourg, German Finance Minister Christian Lindner says it is not yet possible for the EU to cut Russian gas imports as a sanction against Moscow's invasion of Ukraine. SOUNDBITE
The European Central Bank is "very attentive" to economic risks posed by the conflict between Israel and Palestinian militant group Hamas, ECB president Christine Lagarde says after a meeting held exceptionally in Athens. Referring to the crisis in the Middle East as well as the war in Ukraine, she says: "We are monitoring the situation, we are very attentive to the economic consequences that that could have, whether in terms of direct or indirect impact on energy prices, or the level of confidence that economic actors will continue to display." SOUNDBITE
The economic outlook in the eurozone has "deteriorated", European Central Bank President Christine Lagarde warns after the institution implemented a fresh interest rate hike to tame inflation. SOUNDBITE of Christine Lagarde
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