Persistent EU Rifts Seen Delaying Any Approval Of Gas Price Cap
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Tailor Made Tour escorted tours - https://en.volos-minivan.eu/ATHENS-0000000359-Tailor-Made-Tour-escorted-tours.html. 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.
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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, diplomats said.
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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.
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Otherwise, they would not agree to a whole package of measures up for approval, which also include launching joint gas purchases by the bloc and speeding up permitting procedures for renewable energy sources.
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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. 24, bus transfers according to four diplomatic sources.
