10/21/2022, 3:37 AM (Source: TeleTrader)
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Michel: European Council reaches energy agreement

European Council President Charles Michel confirmed on Friday that the EU's governing body agreed on the framework to overcome the energy crisis prompted by the war in Ukraine.

"The European Council has reached an energy agreement. Unity and solidarity prevail. Agreed to work on measures to contain energy prices for households and businesses," Michel shared in a Twitter post following the first day of the meeting.

EU energy ministers are expected to meet next week to discuss proposed measures.

Baha Breaking News (BBN) / ND