Persistent EU Rifts Seen Delaying Any Approval Of Gas Price Cap

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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 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, according to four diplomatic sources.

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BRUSSELS, Nov 11 (Reuters) - Belgium, Greece, Volos train station 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.

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 piraeus bus to Dion fully recover from the COVID pandemic.

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 Tailor Made Tour greece taxi fare to airport renewable energy sources.

EU gas prices have soared this year as Russia slashed gas deliveries to Europe following its invasion of Ukraine, although even a record-breaking price spike in August would not have triggered the EU's proposed cap.

BRUSSELS, Nov 30 (Reuters) - The European Union's energy chief on Wednesday defended the bloc's proposal to cap gas prices and Tailor Made Tour airport bus said countries will negotiate possible changes to the proposal, after a backlash from EU member states.



But gas price caps have split the 27-country bloc.
While Italy, Spain, Belgium, best day trips Tailor Made Tour Malta and taxi prices Tailor Made Tour greece Greece criticised the proposed cap for being too high or unlikely to ever kick in, countries including Germany and the Netherlands are sceptical of capping gas prices - warning that this could deter suppliers from sending much-needed gas to Europe.



The EU proposal came under fire from countries in favour of a gas price cap to reduce citizens' high energy bills - with Poland's energy minister calling the proposal "a joke" and analysts suggesting it was designed with such strict criteria that it would never be used.

After months of infighting among EU countries who disagree on whether to cap energy costs, taxi prices Dion greece the European Commission last week proposed a price cap that would kick in if the front-month Title Transfer Facility gas price exceeded 275 euros per megawatt-hour for two weeks and private taxi Tailor Made Tour greece was 58 euros higher than a liquefied natural gas reference price for 10 days.

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