Europe energy crisis

Euro shows lowest-ever share in intl. settlements: SWIFT

TEHRAN, Aug. 27 (MNA) – The Euro has dipped in an unprecedented display of its decline in global payments through SWIFT, highlighting a shift in preference towards the greenback and the Chinese yuan.

UK military personnel seek food bank help amid high inflation

TEHRAN, Jun. 12 (MNA) – Some members of the British military are increasingly relying on food banks to make ends meet amid high inflation and a cost-of-living crisis, local UK media reported on Monday.

One in seven people In UK feel their debt is 'out of control'

TEHRAN, May 29 (MNA) – 15% of people in the UK feel their debt situation is "out of control" or that they have no way of paying it off amid the cost of living crisis, according to a new survey.

Eurozone inflation up to 7 pct in April: Eurostat

TEHRAN, May 02 (MNA) – Eurozone annual inflation was 7 percent in April, up from 6.9 percent in March, according to a flash estimate published on Tuesday by Eurostat, the statistical office of the European Union (EU), according to media reports.

Brits warned of empty shelves in grocery stores

TEHRAN, Mar. 31 (MNA) – UK consumers may have to get used to empty shelves in supermarkets due to unprecedented shortages of fresh vegetables amid record food price inflation and skyrocketing energy costs. media have reported.

Ukraine war expected to cost Germany €160 b by yearend

TEHRAN, Feb. 19 (MNA) – The Ukraine war will have cost the German economy around 160 billion euros ($171 billion), or some 4% of its gross domestic output, according to a German economic official.

France registers higher inflation

TEHRAN, Feb. 18 (MNA) – Consumer prices in January in the Eurozone’s second-largest economy jumped 6% from a year ago, official data shows

Headlines of Iran’s Persian dailies on Jan. 26

TEHRAN, Jan. 26 (MNA) – Mehr news agency takes a look at the headlines of Iran’s Persian-language dailies on Thursday, January 26.

Brits rush to buy energy-saving appliances: report

TEHRAN, Jan. 01 (MNA) – UK shoppers have been snapping up energy-efficient appliances in an effort to lower energy bills amid the worsening cost-of-living crisis in the country, media cited the local British media as saying.

Iran 7th biggest steel producer in world

TEHRAN, Dec. 28 (MNA) – An Iranian steel manufacturer said that the decrease in other countries' production has come along with an increase in the number of offers to Iran, adding Western countries have become a market for Iranian steel products.

Greeks hold protest against soaring cost of living

TEHRAN, Dec. 18 (MNA) – Workers, civil servants and students staged protests Saturday in Athens to draw attention to the soaring cost of living.

Belgians protest against rising fuel prices (+VIDEO)

TEHRAN, Dec. 17 (MNA) – Almost 17,000 people turned up for a demonstration in Brussels against the rising fuel prices and also for better pay.

Top Jordan police officer shot dead in fuel price protests

TEHRAN, Dec. 16 (MNA) – Gunfire killed a senior Jordanian officer and wounded two other police in the country's south, where protesters have taken to the streets for days against rising fuel prices, authorities said on Friday.

Railway workers in Austria are set to hold strike Mon.

TEHRAN, Nov. 27 (MNA) – Railway workers in Austria are set to hold a one-day strike on Monday after a failed round of talks in pay negotiations, media reported on Sunday.

Ministers warn of potential energy disaster for EU in 2023

TEHRAN, Nov. 25 (MNA) – The EU is currently paying more for gas than any other region in the world. The European Commission had proposed to cap natural gas prices at €275 per megawatt hour.

Tens of thousands of Albanians protest over rising costs

TEHRAN, Nov. 13 (MNA) – Police and protesters in Albania have scuffled in front of Prime Minister Edi Rama‘s office in Tirana after tens of thousands of people gathered there to protest against corruption and the country’s cost of living crisis.

Europe plunging into recession as inflation hangs on

TEHRAN, Nov. 12 (MNA) – The European Union on Friday warned that the Eurozone will plunge into recession during winter as the energy prices rise.

Thousands hold protests in Paris demanding wage increase

TEHRAN, Oct. 18 (MNA) – France remains gripped by a widespread protest movement as the ongoing cost-of-living crisis squeezes Frenchmen beyond endurance, media have reported.

Germany may shut hospitals due to energy crisis

TEHRAN, Oct. 17 (MNA) – A substantial number of hospitals in Germany may face closures amid rising energy costs and hiking inflation, German Health Minister Karl Lauterbach said on Sunday.

Biden has ‘no plans’ to meet Saudi Crown Prince at G20 summit

TEHRAN, Oct. 16 (MNA) – President Joe Biden has “no plans” to meet with Saudi Arabian Crown Prince Mohammed bin Salman on the sidelines of the Group of Twenty Summit next month, a White House official said

Protesters in Paris hold rally over increasing living costs

TEHRAN, Oct. 16 (MNA) – Thousands of protesters marched in Paris against skyrocketing living costs and climate inaction of the government, media reported on Sunday.

Moldovans hold large protest against energy crisis

TEHRAN, Oct. 16 (MNA) – A massive demonstration of 50,000 people took place in Chisinau, the capital of Moldova on Sunday.

About 40% of German firms left markets due to energy crisis

TEHRAN, Oct. 16 (MNA) – Half of German companies have recently been unable to realize their investment plans, which they intended to do, due to the energy crisis, and 39% of them were forced to completely withdraw from some markets.

FM:

Qatar trying to play key role in Iran nuclear negotiations

TEHRAN, Sep. 21 (MNA) – Stating that his country believes in significance of returning to JCPOA, Foreign Minister of Qatar Sheikh Mohammed bin Abdulrahman Al-Thani said that Doha is trying to play a constructive role in Iran’s nuclear negotiations.

Italian minister calls for price cap on all gas imported

TEHRAN, Sep. 11 (MNA) – Italian Minister for Ecological Transition Roberto Cingolani said the European Union should introduce a cap on gas prices for exporters across the board as targeting Russia's dwindling gas exports to Europe "makes no sense."

Kremlin blames Western politicians for current energy crisis

TEHRAN, Sep. 04 (MNA) – Kremlin spokesman Dmitry Peskov has blamed the energy crisis in Europe on “absurd” decisions by European politicians.