Russia has cut back supplies of natural gas that power factories, generate electricity and heat homes, driving up energy prices to record highs and fuelling inflation that is poised to tip Europe into recession later this year. European Union nations have struggled to find common ground on ways to shield the population from dramatically increasing energy prices that threaten to plunge millions into cold and poverty over the winter as Russia chokes off natural gas supplies. What do you think is likely to happen to Europe economy in the next 90 days after Russia cut the gas supply ?
