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Government bars Hungarian municipalities, SMEs from energy price cap

Municipalities and small to medium enterprises (SMEs) will no longer be able to enjoy the capped utility bills now exclusively available to households, Minister of Economic Development Márton Nagy announced Sunday morning on the public radio. The government has decided to backtrack on an earlier decision from the end of …

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Erdogan wants Swedish PM to fire defence minister

Swedish Prime Minister Magdalena Andersson should dismiss Defence Minister Peter Hullqvist, said Turkish President Recep Tayyip Erdogan, the newspaper Expressen reported on Saturday. Erdogan’s demand is based on a speech Hulqvist gave at a party 10 years ago where he celebrated the Kurdistan Workers’ People, PKK, and its imprisoned leader …

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Austria releases oil stocks after refinery malfunction

A technical issue at oil giant OMV’s Schwechat refinery on Saturday forced the government to release strategic gasoline stocks while OMV considers what to do about its investments in Russia. The government announced a release of 112,000 tonnes of petrol and 56,000 tonnes of diesel. The release will cover a …

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