Showdown over gas price cap

The decision on the gas price cap will be made in the Council today. Yesterday night, the EU ambassadors worked on reaching an agreement once more. Also at stake are the joint purchase of gas and the rapid expansion of renewables. Meanwhile, the IEA is calling for significantly greater savings.

There is a lot at stake in the EU 27 dispute over the gas price cap. All the European institutions have made this clear once again in recent days. Council President Jozef Síkela drummed up support for an agreement in several interviews over the weekend. Commission President Ursula von der Leyen yesterday sought support from the head of the International Energy Agency.

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