BRUSSELS (Aftenposten): EU energy ministers had received a clear marching order to agree a maximum gas price at their last energy meeting of the year. They succeeded.
NEWS ANALYSIS: It has been called a nasty joke. The European Commission’s original proposal for a maximum price – a maximum price – for gas. According to some, the unfortunate thing is that the maximum price has been set so high that it does not come into effect in practice.
The argument has created steep fronts in the EU.
High gas prices – triggered by Russia’s energy war against Europe – are causing businesses to collapse and sending families into poverty.
With the price cap, the EU wants to protect businesses and households from extreme price spikes. But the maximum price may be too dramatic. In any case, if you will listen to a central bank and the major economies of Europe.
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