EU Leaders Weigh Vow to Phase Out Reliance on Russian Energy
- Heads of EU governments to meet at informal summit this week
- Russian invasion of Ukraine forces rethink of EU energy policy
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European Union leaders may authorize the deepest ever overhaul of the continent’s energy security strategy by pledging to phase out the bloc’s reliance on Russian fossil fuels, according to a draft statement seen by Bloomberg.
At an informal summit in Versailles starting Thursday, the leaders are considering a joint declaration that Russia’s invasion of Ukraine calls for a “thorough reassessment of how we ensure the security of our energy supplies.” The document may still change before the meeting.