On Wednesday, the European Union’s executive presented plans to raise more than 140 billion euros (£121bn) in order to address an energy crisis. This has raised the possibility of winter
EU backs off Russian gas price cap after Putin threat
Ministers from the EU agree to raid energy giants in an effort to ease household financial losses.
Europe is facing a potential “Lehman Brothers” event with energy margin calls of $1.5 trillion
European energy companies face margin calls totalling $1.5 trillion in the derivatives market. Many would need to support policy to cover them amid wild swings, and skyrocketing power and gas