In brief | 6 May '25
DW:
Chancellor-in-waiting Friedrich Merz has hit a snag in his attempt to form Germany's new government. His personal popularity is low. Most Germans don't trust him, not least because of his approach to the far-right AfD.
Bloomberg:
Spain’s high-voltage electricity grid suffered more power generation disruptions than previously known ahead of the country’s largest ever blackout, the government said.
Reuters:
The European Union will publish plans today to ban new Russian gas deals by the end of this year, and phase out existing contracts with Moscow by the end of 2027.
FT:
Executives warn about the challenges facing businesses and the destabilising effect of prolonged uncertainty.
Eurostat:
EU marks highest recorded household prices since data collection began in 2008. The increase is largely driven by raised taxes in many EU countries, as earlier alleviation measures were scaled back.
Eurostat:
Germany reported the highest electricity prices at €39.43 per 100 kWh, followed by Denmark (€37.63) and Ireland (€36.99). In contrast, the lowest prices were observed in Hungary (€10.32), Bulgaria (€12.17) and Malta (€13.01).
