Slovakia’s main electricity producer has pre-sold energy for the next year at prices much lower than current ones, while Slovak distributors and customers must now buy electricity at multiple times that price.
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Economics
Eurostat – Household real consumption per capita continues decreasing in both euro area and EU
Still does not sound like a V Recovery Read here
Corruption
Politico: Portugal’s corruption scandal spells trouble for EU’s critical minerals hunt
The EU faces a number of problems in its efforts to become less reliant on China for critical raw materials, not least corruption. Read the article HERE.
Economics
Euractiv: Algeria wants to ‘reassess’ EU trade deal
Algeria’s president has requested the country’s trade minister reassess a deal with the EU, ahead of a free trade agreement due to come into effect on 1 September. Read here
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