To lower the price of electricity, the EU is tempted to cap the price of gas

by time news

The paths of Brussels diplomacy being long and tortuous, there will probably be no immediate decision. But the tide seems to have turned. On Monday, August 29, European Commission President Ursula von der Leyen was in Bled, Slovenia, from where she made the following statements, reports Politico :

“The surge in electricity prices clearly shows the limits of the current functioning of the market. This one was designed in a very different context.”

She adds : “That is why we are currently working on emergency intervention and structural reform of the electricity market.”

Admittedly, these discourses are not new; and the claimed objectives still remain vague. However, in the face of soaring energy prices in recent weeks, and faced with the specter of social unrest looming in Europe, the international press believes that the political positions of governments are finally changing. Firstly with regard to the ceiling

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