Europe is bracing for the worst energy crisis the continent has ever known. Government officials and energy agencies are warning of possible blackouts as the cold sets in.
Patrick Vranckx, a bakery owner in Temploux, Belgium — 50 miles southeast of Brussels — is panicked. His Boulangerie Pâtisserie Vranckx, which sells hand-molded bread and pastries to about 400 customers every day, is already struggling to keep up with skyrocketing energy costs, and winter promises even greater pain.
French CGT labour union workers on the Promenade des Anglais in Nice on a nationwide day of strike and protests to push for government measures to address inflation, workers' rights and pension reforms, in Nice, France, on Sept. 29. The banner reads"Raise wages, it is urgent, possible and necessary."
Despite expedited plans to transition to renewable sources of energy in the wake of Russia’s invasion of Ukraine, the European Union remains dependent on natural gas, which powers a large portion. To bridge the gap, the EU is being forced to import expensive liquefied natural gas from Qatar and the U.S., a move that has sent electricity and heating prices to all-time highs.
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