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In "World / Europe"
BRUSSELS — The European Union should be "very careful" about imposing a price cap on all gas imports entering the bloc, Anna Lührmann, Germany's minister of state for Europe, has warned.The idea of an EU-wide gas cap has gained traction in recent weeks after prices broke new records in August and pushed electricity bills to unsustainable highs. Italy, Belgium, Greece, Sweden and Poland are among those backing the initiative, which is still in its early stages.But Germany, the EU's largest economy and gas consumer, remains opposed, believing the measure could scare suppliers away and endanger the bloc's security of supply."The issue with the price cap is that: if you introduce a price cap, as the EU unilaterally, and all the other consumers around the world...
September 20, 2022
EU should be 'very careful' about capping gas prices, warns German minister
September 20, 2022
Putin willing to end war, says Turkey's Erdogan
September 20, 2022
Sri Lankans freed from Russian brutality in Ukraine
September 20, 2022
Record-breaking Russian cosmonaut dies aged 80
September 20, 2022
Deadly blasts hit separatist-run Ukraine city
September 19, 2022
Nation comes together to pay somber farewell to Queen Elizabeth II
September 19, 2022
Swiss woman convicted of terrorism after Lugano stabbing in 2020
September 19, 2022
Budapest appears confident it can prevent €7.5 billion cut in EU funds
September 19, 2022
Ukraine claims control of key Oskil river on front line
September 19, 2022
Queen's life of service honored at historic funeral