Energy crisis: EU countries still at odds over European gas price cap

“More detailed proposals will come from the EU Commission in the coming weeks,” said EU Commission President Ursula von der Leyen on Friday after an informal meeting EU summit in Prague. Chancellor Olaf Scholz (SPD) and his EU colleagues want to discuss this at the next summit in just under two weeks. However, Czech Prime Minister Petr Fiala said that common solutions are moving towards.

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More than half of the EU countries are now demanding a maximum price for gas, but Germany and the Netherlands have so far been skeptical and point to possible problems with security of supply. There are various proposals for the gas price cap, which von der Leyen recently explained in a letter, such as limiting the wholesale price for gas traded in the EU or only for gas that is used to produce electricity. On this basis, von der Leyen now wants to propose something more concrete. In addition, a system for joint gas purchases should be in place by next spring, she said.

“More and more voices around the table are in favor of introducing a gas price cap as soon as possible,” said Polish Prime Minister Mateusz Morawiecki. Italian Prime Minister Mario Draghi, who has been pushing for a cap for months, appeared cheerful after the meeting: “Things are moving in the energy sector.”

Draghi also spoke out in favor of a new European debt instrument in order to create a level playing field between the EU states. “This is necessary in order to try to put all countries, both those with budgetary space and those without, on the same level.” Von der Leyen also said that additional funds are needed for investments in the energy transition. She did not say where the money could come from. The German also emphasized that seven months after the start of the Ukraine war, they were much better prepared for the winter. “Our stores are 90 percent full.” That is about 15 percent more than in the previous year.

/dub/DP/ngu

PRAGUE (dpa-AFX)

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