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11/11/2022, 12:43 PM (Source: TeleTrader)
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EU to dodge gas shortages until 2024-end

European Commissioner for Economy Paolo Gentiloni asserted on Friday at a press conference that the European Union will probably be able to steer clear of gas shortages until the end of 2024.

"Continued decline in demand and diversification of supplies will ensure that the EU economy avoids major gas shortages during the forecast period," Gentiloni shared.

Nevertheless, he stressed that this issue remains one of the biggest threats to the bloc's economy, especially in the period of "winter 2023/2024."

Baha Breaking News (BBN) / AY