European Council President Charles Michel . File photoBRUSSELS, Oct 10The European Union should urgently work on the formation of a real energy union, which will be an important pillar of the sovereignty of the EU, said the head of the European Council, Charles Michel. no single country can deal with a crisis of this magnitude on its own,» the statement said.The Spanish Prime Minister summed up Europe's energy market in one sentence, saying countries must be prepared to face taboos related to EU national powers and competencies. and sincere coordination among member states,” Michel said. He added that the EU would also need to create a regulatory framework and market conditions for such a union. At the same time, the EU's common energy strategy should have four goals, including reducing energy consumption, ensuring security of supply, lowering prices, said Michel. we decided to create in March, instead of competing between member states and raising prices,» added MichelAs the head of the European Commission, Ursula von der Leyen, said at the end of last week, it is important for the EU to have common fuel purchases next spring, when gas reserves are depleted. According to her, this idea has received wide support from the EU countries.
