Europe’s winter of discontent | Curio
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Europe’s winter of discontent

8 mins | Jul 18, 2022
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Even as temperatures soar, Europe faces a bitter energy crisis later this year. "Most Europeans cannot yet see or smell the gastastrophe, but in the markets the warning signs are already flashing red. Prices for delivery of gas this winter, at €182/mwh ($184/mwh), are almost as high as in early March, after Russia invaded Ukraine, and seven times their long-run level." The Economist contemplates the dangers looming around the continent.
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