HomeEconomyECB's Rehn warns against excessive energy consumption Economy ECB's Rehn warns against excessive energy consumption By farahat September 29, 2022 0 112 views Share FacebookTwitterPinterestWhatsApp NG +1.% Add to/Remove from watchlist Add to watchlist Add Location Job added successfully: Please name your portfolio type: purchase Sell date: quantity: price Point value: Leverage: 1:1 1: 1: ) HELSINKI (Reuters) – Euro zone countries should ask European Central Bank policymaker and Bank of Finland Governor Ollie Rehn on Thursday Avoid excessive spending due to the energy crisis, as long-term debt already threatens a third of the EU. “EU countries are understandably struggling to find ways to limit household energy bills, but indiscriminate increases in spending will not – and will not help fight inflation,” Ryan said in a statement. Instead, he called for tailor-made temporary measures for the most vulnerable to help them pay for their energy bills. “The long-term debt sustainability of more than a third of the countries in the euro area is seriously threatened,” he said. Rehn says Europe should join forces through energy markets Reforms to fight energy-related inflation, but first by saving energy. “There are some encouraging signs that the market economy is working to some extent as we see higher energy Price affects demand,” said Rehn, citing statistics from Finland showing that using 200 Natural gas is halved this year due to industrial energy saving. Share FacebookTwitterPinterestWhatsApp Previous articleChina's small and medium banks cut deposit rates to ease margin pressureNext articleOverlord IV ‒ Episode 13 farahat RELATED ARTICLES Economy Wall Street ends with jobs data, debt default averted June 4, 2023 Economy ECB's Visco says lower energy prices should help curb inflation June 4, 2023 Economy Biden signs debt limit bill, averts U.S. default June 3, 2023 LEAVE A REPLY Cancel reply Comment: Please enter your comment! Name:* Please enter your name here Email:* You have entered an incorrect email address! Please enter your email address here Website: Save my name, email, and website in this browser for the next time I comment. USA Trends Messi-mad Indian mom driving to Qatar to see hero in his final World Cup December 7, 2022 Drew Brees fakes lightning strike in promotional stunt for online sportsbook December 3, 2022 Who could be speaker, if not Kevin McCarthy December 3, 2022 3 bold Utah football predictions for Pac-12 Championship vs. USC December 3, 2022 Load more LAST NEWS 'Full Moon' star Hugo Speer says he was dropped by Disney+ spinoff after runners saw him naked in trailer June 4, 2023 Aaron Judge in 2023: Even better than 22? June 4, 2023 Weekly Poll: Are the Motorola Razr 40 Ultra (Razr+) and Razr 40 Right for You? June 4, 2023 Bet365 Promo Code: Bet $1, Get $200 MLB Guaranteed Bonus June 4, 2023 Load more Featured NEWS GSP shares his MMA Mount Rushmore with seven fighters September 3, 2022 Bitcoin Bullish Signal: Exchange Whale Ratio Sharply Declines December 7, 2022 Where to locate Brides on the market October 3, 2022 princess smile novel November 20, 2022 Load more
