Mon. Dec 16th, 2024

Germany has ‘homework’ to do on gas demand cuts to preserve EU unity<!-- wp:html --><p>The EU reached a draft agreement on Tuesday for member states to voluntarily reduce gas consumption by 15 percent from August to March. The burden will fall unevenly given that some countries are more dependent than others on Russian gas. But beyond what's in the text, analysts say that countries that failed to heed the warnings about reliance on Russia – Germany especially – will have to do a lot of heavy lifting if they want to preserve European unity on the matter.</p><!-- /wp:html -->

The EU reached a draft agreement on Tuesday for member states to voluntarily reduce gas consumption by 15 percent from August to March. The burden will fall unevenly given that some countries are more dependent than others on Russian gas. But beyond what’s in the text, analysts say that countries that failed to heed the warnings about reliance on Russia – Germany especially – will have to do a lot of heavy lifting if they want to preserve European unity on the matter.

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