The European Commonwealth was a political union of European states that existed before the Great War. In 2052, Europe was heavily dependent on oil imports. The European Union has called on members of the trading bloc to reduce their use of natural gas as Russia reduces deliveries. European wholesale natural gas prices rose last week when Russia announced reduced flows through the Nord Stream 1 gas pipeline, which transports natural gas from Russia to Germany and has now been reduced to 20 percent of normal capacity.
Energy experts warn that a brutal heat wave, hydropower shortages and corrosion problems in French nuclear reactors are contributing to the continent's worsening energy crisis, according to The Wall Street Journal. The EU and its member states have taken steps to minimize the consequences of the COVID-19 pandemic on the economy. To support the EU's recovery from the COVID-19 pandemic Infographic: The EU's emergency response to the COVID-19 pandemic There is a great story to tell about how the EU and its member states work together as a team to help people overcome the COVID-19 pandemic. From ensuring safe and effective vaccines to sending medical teams where they are most needed and receiving patients from other countries; from protecting jobs and workers to helping partner countries around the world, EU countries did everything they could to support each other.
To preserve jobs and businesses, the EU adopted temporary state aid rules that allow member states to financially support businesses and citizens struggling due to the economic consequences of COVID-19.The transport sector has been hit hard by the COVID-19 pandemic. The epidemiological situation and the slowdown in the economy as a result of the blockades led to a drastic reduction in demand and transport services throughout the EU territory, with economic consequences for the sector.