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The European Union is not adequately prepared for a gas supply crisis, the European Court of Auditors (ECA) warned on Monday. The ECA, which scrutinizes the value and effectiveness of EU policies, said the EU should improve its system for monitoring the affordability of gas throughout the bloc, streamline the procedures for member states to report the sustainability of their supplies, and improve cooperation between EU countries. The ECA report takes stock of the supply crisis that followed Russia’s full-scale invasion of EU ally Ukraine in February 2022, Before the invasion about 45% of the E…

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