France is at risk of blackouts this winter and it’s going to need imports from countries including Germany. Power in France was temporarily 17 times more expensive than in Germany. On November 14 within just a few minutes the wholesale price of electricity jumped to €829.79 per megawatt hour. Source: Handelsblatt
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US President Donald Trump has once again urged NATO members to pay more, saying 2 percent of GDP was the miniumum. Earlier, EU officials seemed assured that Trump had reversed some of his criticism of the bloc. Source Deutsche Welle
Chancellor Angela Merkel gave her strongest signal yet that she’ll pull German troops out of Turkey unless President Recep Tayyip Erdogan lets lawmakers in Berlin visit them, further cracking a show of unity at a NATO summit. Source Bloomberg
A downturn in Greece’s property market deepened in the first quarter, as uncertainty over its bailout program and chronic weakness in its banking sector further eroded a traditional pillar of the country’s ailing economy. Source ekathimerini