European Commission President Ursula von der Leyen during a Tuesday press conference on new measures to tackle high energy prices. Photo: AP
European Commission President Ursula von der Leyen during a Tuesday press conference on new measures to tackle high energy prices. Photo: AP

EU suggests joint gas purchase package, US$40 billion for energy poverty

  • ‘Instead of outbidding each other, member states and energy companies should leverage their joint purchasing power’
  • The bloc also wants to use some funds to support some businesses and jobs, and help vulnerable households

European Commission President Ursula von der Leyen during a Tuesday press conference on new measures to tackle high energy prices. Photo: AP
European Commission President Ursula von der Leyen during a Tuesday press conference on new measures to tackle high energy prices. Photo: AP
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