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15 countries call for EU-wide price cap on all gas imports

The European Union must impose a broad price cap on all gas imports entering the bloc in order to bring soaring energy bills under control, a group of 15 member states has said in a joint letter.

“The price cap (…) is the one measure that will help every member state to mitigate the inflationary pressure, manage expectations and provide a framework in case of potential supply disruptions, and limit the extra profits in the sector,” the letter said. “This cap is the priority.”
The document, seen by Euronews, marks the first time the supporters of the gas cap join forces in an on-the-record declaration of intent.

It was signed by Belgium, Bulgaria, Croatia, France, Greece, Italy, Latvia, Lithuania, Malta, Poland, Portugal, Romania, Slovakia, Slovenia and Spain, and sent on Tuesday evening to European Commissioner for Energy Kadri Simson.
The document comes in the lead-up to Friday’s meeting of EU energy ministers, who are expected to endorse an initial package of three emergency measures.

(Source Euronews)


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