Euronews: Energy crisis in Europe: Which countries have the cheapest and most expensive electricity and gas?
Annual energy inflation in the EU reached a record level following Russia’s invasion of Ukraine. The annual energy inflation rate exceeded 40 per cent in June 2022, and then prices began falling gradually.
In February 2023, energy inflation was considerably lower (16.6 per cent) compared to the same period in the previous year (28.7 per cent).
However, many households and businesses still struggle with the cost of energy. European governments have allocated significant support to households and businesses to mitigate the impact of larger energy bills in the midst of overall cost-of-living crises.
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