Greek government under fire over subsidies to...
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Over the last weeks natural gas prices in continental Europe and in the UK have soared to unprecedented levels because of tight supplies ahead of the winter season, as many underground storage facilities across Europe were not replenished during summer. This has raised fears of supply shortages over the coming months and dire economic consequences for industry. Surging gas prices have also resulted in much higher electricity prices, forcing many European governments to discuss billions of euros in aid for households and suppliers in order to meet the present market anomaly. The huge rise in fuel and...
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