IMF European Department Chief Alfred Kammer urged Europe to decrease reliance on imported fossil fuels, naming it as a vulnerability that “has shown up in the 1970s, again with the Russian gas shut off, and with the war in the Middle East.” It will help the continent to protect itself further energy price shocks, while also getting decarbonized affordable energy, the European Chief said on the briefing presenting Regional Economic Outlook on Europe during the 2026 IMF Spring Meetings. JOIN US