EU crumbles to Russian threats as 20 countries agree to spread Putin's sky-high gas prices

EU crumbles to Russian threats as 20 countries agree to spread Putin's sky-high gas prices

EU crumbles to Russian threats as 20 countries agree to spread Putin's sky-high gas prices THE EUROPEAN UNION has caved under pressure from Russia, as plans are being drafted to spread the extortionate cost of imported gas among member states. Expert accuses Russia of blackmailing Europe over gas trade In light of Europe's deepening energy crunch, the European Commission said it will investigate measures to protect the internal energy market. The commission will look into the possibility of member states purchasing gas together. As many as 20 member states have already responded to the crisis by implementing countermeasures, such as tax cuts and aid for the poor. Energy prices have risen by as much as 250 percent since January, with the spike attributed to a combination of dwindling gas supplies, …
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