EU races to help industry as Russian gas halt rattles markets
Reuters reports: Europe’s gas prices surged, its share prices slid and the euro sank on Monday after Russia stopped pumping gas via a major supply route, sending another economic shock wave through the European Union as it struggles to recover from the pandemic. EU governments are pushing through packages worth billions of dollars to prevent utilities being crushed by a liquidity crunch and to protect households from soaring energy bills, after Russia’s state-controlled Gazprom said it would stop pumping gas…