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Added on the 26/07/2022 15:13:35 - Copyright : France 24 EN
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
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
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
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
Aerial views of the lava from an erupting volcano in the Canary Islands as it reaches the ocean. The Spanish archipelago had earlier declared an exclusion zone of two nautical miles around the location the lava was expected to enter the Atlantic and asked residents to stay at home. The Cumbre Vieja volcano, which straddles a southern ridge in La Palma, an island with 85,000 inhabitants, erupted on September 19, spewing out rivers of lava that have slowly crept towards the sea. IMAGES
A large crowd of people rallies against racism during a counter-protest in London's Walthamstow area as Britain remains on high alert for more violent far-right protests across the country. Protesters hold signs reading "Refugees welcome, stop the far right" after nightly riots, during which mosques and migrant targets have been attacked, have erupted in English towns and cities since three children were murdered on July 29. IMAGES
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