eurozone, Tag

Analysis: Southern European states unwilling to sign up to homogenous 15% cut in gas

Call for voluntary cut until March 2023 with binding reduction targets possible when Moscow ‘likely’ halts supplies

Even if the country implements market reforms, VAT increases and pension cuts, its debt will still be too big to service – so why should the IMF contribute to a loan?

The world is presently sharing a limited supply of oil. When oil prices rise, oil production doesn’t rise very much, if at all.