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Energy prices set to dominate EU summit and budget talks
Original: Soaring energy prices set to swamp EU summit and overshadow budget talks
EU leaders are heading into a summit where soaring energy prices are expected to dominate the agenda and overshadow planned budget negotiations. The Financial Times reports that the cost-of-living squeeze and energy market turmoil will swamp the meeting, forcing leaders to focus on immediate relief measures and market intervention instead of long-term spending plans.
Why now: Energy price spikes across Europe are putting pressure on governments ahead of the summit, making it the most urgent issue for leaders and voters.
European UnionEuropean CommissionFinancial Times
Evidence
- Soaring energy prices set to swamp EU summit and overshadow budget talks · Financial Times
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