As Member States’ energy ministers meet in Brussels on Tuesday 13 December, the Czech Presidency of the EU Council submitted to national delegations a new (third) draft compromise on the legislative proposal to cap gas prices in the event of sharp increases (‘market correction mechanism’).
The document, reviewed by the Member States over the weekend, is the fourth iteration and was being discussed by the Member States’ ambassadors to the EU (Coreper) at the time of going to press...