EU spent 27 billion euros extra on fuel

Wednesday, 29 April 2026RSS
EU spent 27 billion euros extra on fuel
Photo: OLIVIER MATTHYS/EPA

The European Union's fossil energy import bill increased by more than 27 billion euros in two months, without a single extra molecule of energy being purchased, according to von der Leyen.

Context & Explainers

Inflation measures how much general prices rise over time, usually reported year‑on‑year to compare a month with the same month a year earlier. Portugal’s National Institute of Statistics (INE) estimated January inflation at 1.9% year‑on‑year, down 0.3 percentage points from December, which affects rents, wages and everyday purchasing power for residents.

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