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Added on the 20/07/2022 14:43:38 - 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
European Central Bank President Christine Lagarde warns that the eurozone could fall into recession next year in the case of a total shutdown of Russian gas supplies. The "downside scenario" for 2023 foresees negative growth in the case of a "total shutdown of all Russian gas supply" and energy rationing in the eurozone, she said, after the ECB unleashed a record rate hike. 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 EU proposes new rules that would make it harder for Russian oligarchs to evade sanctions and open the way to confiscating their assets to help pay to rebuild Ukraine. SOUNDBITE
Extraordinary meeting of EU Ministers of energy in Brussels. They meet in the context of Russian gas supply issue amid the country's conflict with Ukraine. IMAGES
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