Continued disagreement over gas price cap

Parts of Ursula von der Leyen’s speech yesterday sounded like an appeal as the Commission President presented her experts’ package of measures for lower energy prices. „As soon as the Council has agreed on these principles, we will work them out,“ von der Leyen said in Strasbourg. She was talking about the Commission’s idea for a dynamic price cap (Europe.Table reported). It is to apply to the most important gas price index, the Dutch TTF, on which many gas supplies in the EU are based and is supposed to be the Commission’s response to demands from the Council to quickly introduce a general gas price cap on all gas purchases.