After scattered measures and the German “bazooka” of 200 billion, the Commission proposes to cap the price of gas.
Emmanuel Macron had put on his turtleneck to go to dinner in Berlin with Olaf Scholz on Monday evening. A subliminal message to mean that we would have to stick together this winter in the face of the energy crisis caused by the war in Ukraine. The visit came four days after the surprise announcement of a massive 200 billion euro support plan for the German economy which took Europeans by surprise. A German rider endowed with such firepower raises fears of distortions of competition to the detriment of the most fragile in the euro zone. From Rome to Brussels, reactions were heard calling on Berlin to show solidarity with its partners in this ordeal. Hungarian Prime Minister Viktor Orban accused the Germans of “cannibalism”.
This is the latest bickering between Europeans who are reacting as best they can, depending on their budgetary leeway and their respective energy mix, to soaring gas prices and…
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