European Union Leaders Divided On How To Curb Soaring Energy Costs

The video discusses the European energy crisis caused by Russia cutting off natural gas supplies, leading to soaring energy prices. EU leaders are considering economic measures like subsidies and price caps to mitigate the impact. The crisis has led to inflation and protests in countries like Italy. Germany is considering reactivating nuclear plants, while France advocates for energy reduction. The EU emphasizes the importance of renewable energy for future sustainability.

What are the potential consequences of the energy crisis mentioned in the text?

What actions is Germany considering in response to the energy crisis?