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Equal to Poland’s GDP: Energy Crisis Costs Europe a Whopping €700 billion | Europe Energy Crisis. European governments are subsidising energy bills for consumers. That means energy bills have been capped, and consumers aren’t paying beyond a certain limit. Governments across Europe are scrambling to cushion the blow of this crisis for households, businesses and entire industries. Germany, France, Italy, Spain, the United Kingdom – everyone is suffering. Watch to know more.Credit Firstpost