Persistent EU Rifts Seen Delaying Any Approval Of Gas Price Cap

De Wikifliping

The four countries cannot block an agreement on their own. But they could if they build a broader coalition among most of the EU states that have been calling for months for a gas cap to bring down high market prices.

The disagreement weakens the EU's response to an acute energy crunch, related to Russia's war against Ukraine and driving record-high inflation in the bloc, which now faces a new recession before it has had time to fully recover from the COVID pandemic.

24, according to four diplomatic sources. The four countries told a meeting of national envoys to the European Union that they wanted a comprehensive proposal on the cap from the EU's executive European Commission before Nov.



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BRUSSELS, Nov 11 (Reuters) - Belgium, Greece, Italy and Poland on Friday threatened to block a new set of European Union steps to alleviate an acute energy crunch because they are angry that a gas price cap is not among detailed proposals, VOLOS KORINTHOS TRANSFER diplomats said.

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