A PYMNTS Company

EU: The European Commission proposes tighter cooperation on energy

By  |  March 1, 2015

The European Commission submitted a proposal for the creation of a bloc-wide energy union this week. The New York Times reports:

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    “The European Commission, the bloc’s executive agency, said its proposal for an energy union represented an important step toward unifying member countries’ economies and could help wean some countries from dependence on Russia, which supplies about a quarter of the bloc’s natural gas. […]

    But the ambitious plans — including some initiatives that have failed to win Europewide approval before — face difficult odds because the 28 European Union countries zealously guard their sovereignty over national energy systems.”

     

    Full Content: The New York Times

     

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.