2min chapter

Let's Appreciate cover image

Everyone is Impacted by the Energy Crisis

Let's Appreciate

CHAPTER

The EU's Response to the Energy Crisis

The EU is weighing new benchmarks and price caps to combat spiking energy costs. Germany had a big seven billion dollar year old loan program for companies that were facing liquidity issues because of what is happening in Ukraine. Finland and Sweden had a $33 billion emergency liquidity facility to backstop utilities through loans and credit guarantees. The UK is really stepping it up, they are going to have 130 billion pound freeze on how unhustled energy bills will be.

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