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Europe’s Energy Crunch Threatens to Nix Nascent Economic Revival

  • Factories pause operations as power prices hit record highs
  • Draghi calls for urgent action to help business and households
Electricity Transmission And Nuclear Power in France
Photographer: Cyril Marcilhacy/Bloomberg

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European economies are facing a potentially crippling setback to their nascent recoveries if the worsening energy crunch forces many more factories to halt or curb operations.