EUpolitix.com - Press Review
"Hurricane Katrina could trigger EU fuel action
The European Commission may coordinate fuel and oil reserves among EU member states in reaction to soaring global prices aggravated by Hurricane Katrina's devastation of US refinery capacity.
France also plans to issue compensatory €75 vouchers to poor French households and has offered help to New Orleans from its soldiers based in the Caribbean.
German opposition leader Angela Merkel has called for the release of national strategic reserves, sparking a fresh political row, Handelsblatt reports.
The Italian government is planning to cut taxes on oil to ease the pressure of high prices on consumers and producers, Il Corriere della Sera notes."
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