“European citizens are anxious, European businesses are closing and Europe was debating pointlessly,” Greek Energy Minister Konstantinos Skrekas said on Tuesday.
The 200 euros per megawatt hour proposed by Czech presidency to find a solution to the long deadlock over the natural gas cap, may be the last chance for a divided Europe. As Reuters reports, European Union energy ministers are meeting in Brussels on Tuesday to try to agree on a bloc-wide gas price cap after months of deadlock over whether the measure could ease the energy crisis in the bloc. Europe.
After weeks of infighting between the countries, the European Commission proposed a price cap last month – the latest EU response to the crisis caused by Russia’s cut in gas deliveries to Europe this year, leading to price spikes energy’s. “European citizens are anxious, European businesses are closing and Europe is closing he was talking pointlesslyGreek Energy Minister Konstantinos Skrekas said on Tuesday, calling for a quick agreement on the ceiling.
Greece and other countries such as Belgium, Italy and Poland say a cap is needed to protect their economies from high energy prices, while Austria, Germany and the Netherlands fear it could divert much needed natural gas cargoes from Europe. “Everyone needs to show some flexibility and everyone needs to be able to propose some compromises,” said EU Energy Commissioner Kadri Simpson.
However, a senior EU diplomat, speaking on condition of anonymity, said that probably none of the 27 EU member states are happy with the proposal.
“It’s now clearly up to you to the ministers to show whether they are ready to reach an agreement or not,” said industry minister of the Czech Republic Jozef Sikelá, who is chairing Tuesday’s meeting.
If no deal is reached on Tuesday, the debate will likely intensify at a meeting of EU leaders on Thursday, before energy ministers meet again next week.
Any deal depends on technical details, including how high the price cap is, which gas contracts it applies to, and safeguards, such as allowing the EU to suspend the cap immediately if it has unintended consequences.
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