InternationalInternational Economics

Gas in Europe became 10 times more expensive this year


According to the report of the International Economy Group of Fars News Agency, quoted by the Russian TASS news agency, Ursula von der Leyen, the head of the European Commission, said that the price of gas in the European Union this year has increased 10 times compared to the levels before the pandemic.

The statements of this European official were made in his speech today at the European Parliament in Strasbourg about the state of the European community.

Acknowledging that the price of gasoline in Europe has increased more than 10 times compared to the period before the pandemic, this European official said: “But the Europeans are responding to this situation with courage.”

Due to the decrease in gas supply from Russia due to Western sanctions against this country, European stock markets are witnessing sharp fluctuations in gas prices.

Meanwhile, the Bloomberg news agency has stressed in a note that EU leaders should be honest with their people and say that it will be difficult to get through next winter without Russian gas. According to Bloomberg, the head of the European Commission should inform the people of Europe that a very difficult winter is coming.

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