EU Commission
The EU Commission has approved Arla's merger with German dairy giant DMK Group. The merger is expected to take effect on Monday.
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Due to the Iran war's impact on energy prices, the EU Commission has urged member states to lower gas storage filling targets from 90 to 80 percent. EU Commissioner Dan Jørgensen wrote in a letter that this could reduce gas demand and ease price pressures. The EU is better prepared for crises than in 2022.