EUROPEAN UNION

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Gas installation is pictured at the Cavern Underground Gas Storage (CUGS) Kosakowo facility, near Debogorze

EU countries eye deal on more energy measures within weeks

European Union countries will seek a November deal on more emergency measures to tackle high gas prices, officials said, although countries still disagree on what form those measures would take and whether they should cap gas prices.
Bulgartransgaz gas compressor station near Ihtiman

EU leaders turn to gas price caps to end energy crunch

European Union leaders will lock horns on Friday over whether and how to cap gas prices, as they attempt to curb a surge in energy prices that threatens to push the 27-nation bloc into recession and disrupt the EU's cherished single market.
The International Monetary Fund (IMF) headquarters building is seen in Washington

IMF Calls For EU Fiscal Capacity, Rules To Be Linked To Risk

The European Union should set up a fiscal capacity to pay for EU public goods, link the pace of debt cuts to individual country risk and let independent fiscal councils play a bigger role in policy, the International Monetary Fund said on Monday.
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