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EU Eyes Rationing, Moves to Aid Collateral Crunch: Energy Update - Vimarsana News

EU Eyes Rationing, Moves to Aid Collateral Crunch: Energy Update

Sep 14, 2022 (Bloomberg) The European Commission is proposing a mandatory cut on energy use in the bloc, as well as steps to ease the crunch in markets caused by ballooning collateral demands.Commission President Ursula von der Leyen also laid out plans to raise 140 billion euros ($140 billion) from energy…