This winter likely "one of the worst in history": EU Commissioner for Economy

The coming winter is likely to be "one of the worst in history" according to EU Commissioner for Economy Paolo Gentiloni in an interview with Der Spiegel adding that Europe may face recession due to record high gas prices.

• “The current inflation will throw our economy into turmoil, and the coming winter could be one of the worst in history. We are experiencing unprecedented uncertainty. But the figures for the EU economy as a whole are still positive, and the situation on the labor market is good," he said.
• "It depends on what decisions Russian President Vladimir Putin makes and how we ourselves behave. It is already necessary to save energy, although we see good progress in how gas storage facilities are being filled and energy is saved," he added.