The energy crisis and Europe’s astonishing luck
National leaders must make the most of the good weather
Visitors to warsaw at this time of year do not usually bask in temperatures nearing 20°C. Bilbao tends to be frosty, not tropical, in January. But this winter is a strange one. Temperature records are being broken across Europe and energy prices are plummeting: the price of natural gas at the continent’s main hub has fallen to levels last seen before the war in Ukraine.
This article appeared in the Finance & economics section of the print edition under the headline “Good day sunshine”
Finance & economics January 14th 2023
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