Czech minister: Deep divisions within EU over gas price ceiling

The Minister of Industry and Trade of the Czech Republic, Josef Sekela, announced deep disagreements between the EU countries regarding the establishment of a ceiling on gas prices.

The Czech minister said during a press conference following Thursday’s European Union ministerial meeting that “discussions have been heated … and there are very different views on the level of the limit presented by the European Commission.”

It is noteworthy that on November 22, the European Commission presented a draft of an interim gas market management mechanism to combat the energy crisis in the European Union.

The mechanism aims to impose a ceiling on gas prices in order to reduce market volatility and protect the population in the European Union from large gas price hikes.

Source: News