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Europe Daily Bulletin No. 13085

16 December 2022
EUROPEAN COUNCIL / Energy
EU leaders instruct ministers to conclude gas price cap on 19 December
Brussels, 15/12/2022 (Agence Europe)

Meeting in Brussels on Thursday 15 December, the EU27 Heads of State or Government of the Member States of the European Union decided to leave it to their energy ministers to set the parameters for the gas price cap (‘market correction mechanism’), setting a deadline for their next meeting on Monday 19 December.  

The European Council “invites the Council (of the EU) to finalise, on 19 December 2022, its work on (...) a Council Regulation establishing a market correction...

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