Europe 'under threat' from global energy prices

Europe is "under increasing threat" from global energy prices as their fossil fuel stock dry up, experts have warned.

Dr Aled Jones, director of the institute, said:

These maps show vulnerability in many parts of the EU and they paint a picture of heavily-indebted European economies coming under increasing threat from rising global energy prices.

It is vital that those shaping Europe's future political agenda understand our existing economic fragility.

The EU is becoming ever more reliant on our resource-rich neighbours such as Russia and Norway, and this trend will only continue unless decisive action is taken.

– Dr Aled Jones

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Warning over Europe's dwindling energy supplies

Europe's oil, gas and coal reserves are dwindling and will run out in a little over five years, a new report has found. Researchers at Anglia Ruskin University found a number of countries in the EU, including the UK, are facing critical shortages.