1/18, 10:04 AM (Source: TeleTrader)
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Le Maire: Europe must improve the energy market

French Finance Minister Bruno Le Maire expressed his concern on Tuesday about introducing improvements in Europe's energy market.

"I would simply like to insist on the need to look again at the European energy market and see how we can improve it. It is a matter of concern for all our citizens, and I think that the role of the ministers of finance and the role of the ministers of economy is obviously to respond to the concerns of our citizens. I think that it is useful for us to have a discussion together," Le Maire told reporters as he arrived at an Ecofin meeting in Brussels.

According to Le Maire, Europe must look closely at the current risks, the first of which is the risk of the return of the pandemic, the second is inflation, and behind inflation, the increase in prices driven by energy. His remarks arrive after crude oil futures hit levels not seen since October 2014.

Baha Breaking News (BBN) / JG