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Image header Agence Europe
Europe Daily Bulletin No. 13078
Contents Publication in full By article 15 / 37
SECTORAL POLICIES / Energy

Czech Presidency of EU Council relaxes conditions for activating gas price capping even further

After making hesitant adjustments to the legislative proposal on the ‘market correction mechanism’, the Czech Presidency of the Council of the European Union proposed during a meeting of national energy experts on Tuesday, 6 December, that Member States further relax the conditions for activating a cap on the price of gas negotiated on the TTF derivatives market—the benchmark for gas prices that is widely used in the EU. 

Consequently, there are several changes worth noting...

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