The day after emergency measures were announced, electricity and gas prices have dropped. There is also movement on joint EU gas purchasing ahead of the emergency meeting of energy ministers.
By Manuel Berkel
The municipal company Wien Energie needs financial guarantees worth billions from the state to secure the electricity supply in the capital. Apparently, the company took a gamble on futures trades on the electricity exchanges.
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According to EU High Representative for Foreign Affairs Josep Borrell, the EU will train Ukrainian military personnel in the future, possibly in areas such as logistics, military health care and protection against nuclear or chemical weapons. However, details are not yet clear.
By Ella Joyner