Electricity prices soar in France

The price of electricity in France closed in on €650 per megawatt-hour on Tuesday, jumping 5.5%, Nord Pool exchange data shows. The day-ahead price surged to €645.54 per megawatt-hour at 12:46 GMT against €611.85 the day before, when it was also on the rise.

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Le Pen comments on French election results

National Rally candidate believes the size of her vote represents a sort of “victory” Marine Le Pen conceded defeat in the French presidential election on Sunday evening, but still described her result as representing a “shining victory in itself.” In the second round, the candidate from the right-wing National Rally party was defeated by the incumbent president, centrist Emmanuel Macron.

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German businesses in bad mood – survey

The EU’s largest economy has struggled amid the continuing recession, economists say Business sentiment in Germany has worsened for the first time since August, with the country likely facing a longer recession contrary to the expectations of analysts, a survey showed this week.

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