Tag: Price Cap

EU decided Gas Price Cap. Strong Reaction from Putin

  Brussels, 20 December 2022 Gas price cap at €180/MWh. EU energy ministers reached a political agreement on a Council Regulation that sets a market correction mechanism to protect citizens and the economy against excessively high prices. The Regulation aims to limit episodes of excessive gas prices in the EU that do not reflect world

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EU: Fast and Furious on Ukraine, But Not on Energy

Today the 27 Heads of State and Government met in Brussels and decided nothing to solve the european energy crisis. They had a very long discussion and once again asked Ursula von der Leyen, President of the Commission, to invent something more, given that what has been proposed so far does not satisfy. So all

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EU Collapses on Energy Again

European energy ministers’ meeting today in Brussels was not able to agree on European measures to limit the energy cost. Many countries have already done this with national measures. European citizens pay 3 or 4 times more gas and electricity and some countries have already taken their own countermeasures: by setting a national price cap

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Energy: 5 Von Der Leyen Proposals, 5 Failures today

  Ministers agreed that the energy issue is urgent, but they decided nothing. Gathered in Brussels for an extraordinary meeting, the 27 energy ministers said no to the 5 recipes of the president of the EU Commission, Ursula von der Leyen, to deal with extraordinary measures on energy. All decisions will be sent as new proposals to

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