FT has learned about the EU's concern about the transition of the energy crisis into a financial one
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- FT has learned about the EU's concern about the transition of the energy crisis into a financial one
The European Union (EU) fears that the energy crisis, which was provoked by the conflict in Iran, may escalate into a fiscal crisis. This was reported on April 6 by the Financial Times (FT) newspaper.
EU officials are urging governments to avoid excessive support measures designed to offset rising energy prices, warning that the turmoil caused by the Iranian conflict could escalate into a fiscal crisis.
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