Belgian PM warns of blackouts if energy prices capped - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Belgian Prime Minister Alexander De Croo warned a cap on electricity prices called for by the opposition could lead to power being sold in other markets and blackouts in Belgium.

Its government has been pushing for a Europe-wide cap on electricity prices since March, but so far, a common approach to tackle soaring energy costs has eluded the continent.

The geographical position of Belgium, a nation of 11 million, also has to be taken into account because of its interconnectedness with its neighbours. The federal government earlier announced cuts to public buildings’ power consumption and a tax on the profits of energy companies such as Engie and TotalEnergies.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 37. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Belgian PM warns of blackouts if energy prices capped - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Belgian Prime Minister Alexander De Croo warned a cap on electricity prices called for by the opposition could lead to power being sold in other markets and blackouts in Belgium.
Source: SABCNews - 🏆 37. / 51 Read more »