France Extends the Quarantine until 11 May
French President Emmanuel Macron has declared that the country is not ready to lift restrictions and bans on business and citizens, so that quarantine throughout the country is extended until May 11.
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Outgoing French leader Francois Hollande was driven out of the Elysee Palace on Sunday, leaving centrist Emmanuel Macron in charge as the country's youngest ever president, AFP reports.
Amid applause from onlookers, Macron accompanied Hollande to his vehicle in the forecourt of the Elysee Palace and then waved goodbye to his former mentor as he was driven out into the streets of Paris.
Europe would be making a strategic error if it sought to address soaring energy prices by returning to Russian fossil fuels, European Commission President Ursula von der Leyen stated on Wednesday
European Commission President Ursula von der Leyen has called the European Union’s decision to reduce its reliance on nuclear energy a strategic misstep, highlighting the bloc’s dependence on imported fossil fuels
Caretaker Prime Minister Andrey Gyurov held talks with European Commission President Ursula von der Leyen in Paris, focusing on Bulgaria’s progress under the Recovery and Resilience Plan and the upcoming payments expected from the European Union
Natural gas prices across Europe fell sharply on Tuesday, dropping 16% to around €47 per megawatt-hour after spiking to a three-year high above €69/MWh the previous day.
European Commissioner for the Economy Valdis Dombrovskis signaled that the EU is prepared to release its strategic oil reserves should the deteriorating situation in the Middle East demand it.
Hungary's government has moved to ban the export of crude oil, diesel, and 95-octane gasoline. Alongside this prohibition, the state plans to release fuel reserves sufficient to cover 45 days of domestic needs
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