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EU hopes to raise more than €140bn for member states to cushion the impact of the energy crisis, Commission president Ursula von der Leyen told MEPs in Strasbourg (Photo: EC - Audiovisual Service)

EU unveils energy crisis plan, but warns of difficult 'winters'

With high energy prices damaging the EU economy and fueling social anxiety across the bloc, the European Commission has finally put forward an emergency plan to intervene in the markets — amid fears over rationing and power blackouts this winter.

"At this stage, prices remain high and there is no quick fix. The next winters will be difficult. Not just this one. Make no mistake about that," EU Green Deal chief Frans Timmermans told a press conference on Wednesday (14 September).

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Author Bio

Elena is EUobserver's editor-in-chief. She is from Spain and has studied journalism and new media in Spanish and Belgian universities. Previously she worked on European affairs at VoteWatch Europe and the Spanish news agency EFE.

EU hopes to raise more than €140bn for member states to cushion the impact of the energy crisis, Commission president Ursula von der Leyen told MEPs in Strasbourg (Photo: EC - Audiovisual Service)

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Author Bio

Elena is EUobserver's editor-in-chief. She is from Spain and has studied journalism and new media in Spanish and Belgian universities. Previously she worked on European affairs at VoteWatch Europe and the Spanish news agency EFE.

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