EU ROUND UP – BRUSSELS PLOTS NEW EU ENERGY SECURITY STRATEGY AFTER UKRAINE CRISIS
June 8th, 2014
THE EUROPEAN Commission has released a new European Energy Security Strategy, aimed at further reducing Europe’s reliance on energy imports, notably on politically unreliable trading partners such as Russia.Its new policy plan was to be debated at the next European Union (EU) summit (European Council) on June 26-27, in Brussels. It will include new stress tests to check whether the EU can withstand a sudden winter interruption of foreign gas supplies. The policy also stresses the medium-term need to diversify energy suppliers and boost domestic production.One ...
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