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Europe Daily Bulletin No. 12914
Russian invasion of Ukraine / Energy

France proposes to EU Member States to cap gas prices

As Russia’s invasion of Ukraine has caused gas prices to rise again in Europe, French Economy Minister Bruno Le Maire announced that he had proposed to the other EU Member States that they put in place a EU27 cap on gas prices, on Friday 18 March, during a hearing before the Finance and Economic Affairs Committees of the French National Assembly.

According to him, this would allow Member States to negotiate a price as the EU27 that is a capped price with the EU’s three main gas...

Contents

BEACONS
Russian invasion of Ukraine
EXTERNAL ACTION
SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
NEWS BRIEFS