European energy firms rack up debt to cover soaring costs – Bloomberg
Jul 19th 2022 1:37am EDT
Their liabilities have reportedly reached over $1.7 trillion European energy and utilities companies are taking on more debt to offset soaring oil and gas prices, Bloomberg reported on Monday. The firms’ overall debt has jumped by more than 50% since the start of the pandemic in early 2020, and now stands at €1.7 trillion ($1.7 […]
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