EU summit: Leaders seek solutions to spiralling energy prices

EU leaders are meeting in Brussels to attend today's summit. Energy prices, trade with China and the budget will dominate Thursday's agenda. Leaders are under pressure to address soaring oil and gas prices. On energy, it's clear that we need short-term measures because we have to guarantee cheap energy prices for people and companies. But we need to take care of climate targets. while Bulgarian Prime Minister Rumen Radev broke ranks and backed Trump's deal with Putin. You know what is our problem right now in Europe? High fuel prices. Any step in reducing the fuel prices and to guarantee our competitiveness, we appreciate. EU leaders also set to discuss the EU's long-term budget proposal worth around 2 trillion euros, which is facing backlash from frugal countries such as Germany. trade with China will also be discussed after the European Commission struck a deal last week to curb Chinese car exports.