By Finance Pulse in Transformative —

European Energy Costs Could Spike by €120 Billion Annually, Warns Fico

Slovak PM Robert Fico warns European consumers may face €50 billion in additional gas prices and €70 billion in higher electricity costs annually.

A visually striking image of a European city skyline at dusk, with glowing power lines and gas pipel
European Energy Costs Could Spike by €120 Billion Annually, Warns Fico

Slovak Prime Minister Robert Fico estimates European consumers could face as much as €50 billion in extra gas prices per year and another €70 billion in higher electricity costs.

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