EU tells countries gas price cap would come with risks

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EU tells countries gas price cap would come...
 © CyprusMail 2022
The European Commission has warned EU countries that a broad cap on gas prices could be complex to launch and pose risks to energy security, amid calls from countries for Brussels to step in to tame high fuel prices.

The Commission shared a document with countries on Wednesday, analysing various options the EU could consider to curb high gas prices, after 15 of the bloc’s 27 member states this week urged the EU to propose a cap on gas prices.

The document, seen by Reuters, said launching a wholesale price cap for all exchange...


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Article automatically added to our system on Wednesday, September 28, 2022

EU tells countries gas price cap would come with risks


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