| This was the key message of BusinessEurope President Fredrik Persson and Director General Markus J. Beyrer to the European Commissioner for Energy Kadri Simson in a meeting on 20 June. While gas prices have been recently decreasing, they are not expected to come down fully to pre-covid levels at least until 2026/2027. |
| Persson and Beyrer warned that if the cost differential is not addressed, aside from the industrial shutdowns already observed, it will have serious consequences for the long-term competitiveness of European companies and EU’s global strength. |
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