[Ticker] Italy to hold fresh election on 25 September

Italy is set to hold national elections on 25 September, after president Sergio Mattarella dissolved parliament on Thursday following Mario Draghi’s resignation as prime minister, Bloomberg reported. A group of conservative parties, led by the far-right Brothers of Italy, leads recent polls. “Th[is] period … does not allow for any pause in the [government] action which is needed […]

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[Ticker] Germany raises gas-storage target for winter

Germany will require gas storage facilities to be at 95-percent of their capacity by 1 November, raising its previous 90-precent target, the country’s economy and climate minister Robert Habeck said on Thursday, according to Bloomberg. The announcement comes amid fears over gas supplies disruptions leading to shortages this winter. Habeck said storages should be 75-percent full by September and […]

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[Ticker] EU targets 10 Syrians under new Russia sanctions

The EU on Thursday added 10 Syrian men to its visa-ban and asset-freeze list, for recruiting mercenaries to fight alongside Russian forces in Ukraine, Reuters reported. The announcement comes as the EU officially unveiled new sanctions against Moscow, hitting Russia’s largest lender Sberbank. “The Syrian regime provides support, including military support, for Russia’s unprovoked and unjustified war of aggression […]

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[Ticker] Greece rejects EU plan to cut Russian gas use 

Greece said on Thursday it opposes an EU plan requiring member states to reduce gas use by 15 percent, Reuters reported. “Greece is prepared, it has the necessary infrastructure which can secure supplies even at the most adverse scenario of natural gas being cut off,” energy minister Kostas Skrekas said. Under its contingency plan, rotating […]

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