Experts from the European Commission, EU member states and the International Energy Agency (IEA) met today in the Gas and Oil Coordination Groups to discuss the state of the EU’s gas and oil supply security in Europe, as the conflict in the Middle East enters its third month. The Gas Coordination Group confirmed that the […]
Gaps on the European labour market 2024 continue to increase
The EURES report on European labour 2024 shows that persistent labour shortages, as well as surplus occupations in in European key sectors continue to rise. The seventh edition of this report, which gathers data from across 31 EURES countries, provides crucial insights into the nature of employment trends and needs to tackle shortages and surpluses. All 31 EURES countries […]
Parliament and Council seek bringing down prices of gas
MEPs and the Polish Presidency of the Council reached an informal agreement on Tuesday to extend the EU’s 2022 gas storage scheme until 31 December 2027, as it would otherwise have expired at the end of 2025. The provision is designed to ensure gas supply security ahead of the winter season. MEPs and Council also […]
EU member states to collaborate to store and share gas supplies
An important step to improve EU security of supply in the context of the war in Ukraine was taken today with the provisional political agreement reached between the Council and the European Parliament on the legislation on gas storage. The proposed regulation aims to ensure that storage capacities in the EU are filled before the […]