Protests against fuel prices blocked highways across Europe Tuesday.
Published:
13 September 2000 y., Wednesday
Protests against fuel prices blocked highways across Europe Tuesday and as pumps ran dry in Britain Prime Minister Tony Blair vowed tough action to move supplies through blockades.
Hauliers furious at high prices and taxes promised more wildcat action across the continent. Protests began in Germany and more were likely in Spain and Ireland.
Although crude oil prices dropped more than $1.30 a barrel, oil traders warned that market fundamentals pointed to continuing high prices in spite of an OPEC pledge to increase production.
Panic buying swept Britain, draining the few remaining supplies of fuel. In the worst hit areas, rubbish went uncollected and hospitals canceled non-emergency services.
"Whatever the strength of feeling there can be no excuse whatever for this type of action which is hurting our people, businesses and emergency services severely," Blair told a news conference after cutting short a visit to northern England.
"Legitimate protest is one thing, trying to bring the country to a halt is quite another," he said, adding that he hoped the situation would be on the way back to normal within 24 hours.
The Organization of the Petroleum Exporting Countries decided Sunday to raise output by 800,000 barrels per day.
European Union foreign ministers said Tuesday that OPEC's latest output increase should help stabilize world oil prices. The bloc's transport ministers said they would meet next week to discuss the impact of high prices.
Šaltinis:
lycos.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
European Commission Vice-President Siim Kallas, responsible for transport, today presented to the College a preliminary assessment of the economic consequences for the air transport industry of the volcanic ash crisis.
more »
Boosting economic recovery, investing in Europe's youth and in tomorrow's infrastructures are the priorities of the 2011 draft budget adopted by the Commission on 27 April 2010.
more »
European Competition Commissioner Joaquín Almunia welcomes proposed commitments by Visa Europe to significantly cut its multilateral interchange fees (MIFs) for debit card payments.
more »
Because of the Icelandic volcano, flower growers in Colombia couldn't get their stems to markets in Europe.
more »
The Second Vice President of the Spanish government and Minister of Economy and Finance, Elena Salgado, on Sunday played down the importance of apparent fissures within the EU concerning the Greek financial crisis, expressing her confidence that all countries would support the aid package for this country, which will be accompanied by a tough budget-tightening plan.
more »
Commission launches an information campaign on the CE conformity mark - designed to ease the free movement of goods around Europe and protect consumers.
more »
If Europe's airports ever open again the introduction of new security measures like body scanners will be expensive.
more »
After Eurozone Finance Ministers agreed measures to address Greece’s financial woes last Sunday, MEPs quizzed leading economic figures, including the chairman of Goldman Sachs - former financial advisors to the Greek government - on how to strengthen EU economic governance and improve reporting of national statistics.
more »
The European Tourism Stakeholders Conference, being held in Madrid today and tomorrow, will explore ways and means to strengthen the visibility of tourism at a European level and to verify how the actions to promote a competitive EU tourism industry.
more »
The European Bank for Reconstruction and Development (EBRD), World Bank Group member IFC, and The Netherlands Development Finance Company (FMO) have joined up with the Asia Debt Management Hong Kong (ADM Capital) to establish a regional fund to invest in midsize companies facing financing difficulties as a result of the financial crisis.
more »