Video Duration 24 minutes 15 seconds
EU leaders disagree on capping natural gas prices before the Nordic winter.
Europe is running out of time to rein in soaring natural gas prices.
Russia was the main supplier of this continent until Invasion of Ukraine this early year.
Sanctions and pipeline disruptions have dented supplies, so households and businesses are being forced to pay many times more than usual.
EU leaders have failed to agree on a price ceiling to reduce costs before the Nordic winter.
Soaring energy bills and rising costs of living have sparked protests across major European cities, and this has been the dominant issue in recent elections in Italy and Sweden.
So what can leaders do to prevent a winter of discontent?
Presenters: Laura Kyle
Guest:
Rebecca Christie – Non-resident colleague, Bruegel
Max Lawson – Head of Inequality Policy Program at Oxfam International
Ana Maria Jaller-Makarewicz – Energy Analyst, Institute of Energy Economics and Financial Analysis
