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Europe Daily Bulletin No. 13076

3 December 2022
SECTORAL POLICIES / Energy
Czech Presidency of EU Council proposes to slightly relax conditions for activating gas price capping
Brussels, 02/12/2022 (Agence Europe)

The Czech Presidency of the Council of the European Union suggested to Member States that minor adjustments are made to the conditions for activating gas price capping on Thursday 1 December in a first draft compromise on the ‘Market Correction Mechanism’.

Presented on 22 November (see EUROPE B13068A2), the European Commission’s legislative proposal provides for the automatic introduction of a cap for the price of gas traded on the TTF derivatives market – the benchmark generally...

Contents

SECTORAL POLICIES
Russian invasion of Ukraine
EXTERNAL ACTION
ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
COUNCIL OF EUROPE
NEWS BRIEFS