The 27 are meeting this Tuesday to try to move closer to an agreement that has divided them: on the one hand, those who find it useful but insufficient, and on the other, those who see it as a risk to supplies.
The energy ministers of the European Union (EU) They are meeting this Tuesday with the intention of reaching positions to agree to limit the price of gas purchases in the European Union. The 27 arrive at the extraordinary meeting divided between those who see this correction mechanism as a useful but insufficient tool, and those who see it as a risk to supply in the face of winter. So, the deal is not done yet.
On the one hand, there are the 15 countries that have asked the European Commission for a proposal to cap the gas price, such as Spain, Italy, Greece, Poland or Belgium. These countries continue to criticize the high threshold of the price cap, and They call the measure insufficient.
In the other block, for example, Germany or the Netherlands can intervene in the market jeopardize the guarantee of winter supplies. This generates “incompatible expectations” about what needs to be achieved.
The European Commission’s initial proposal differs since it was first presented – the price cap has been lowered in each of them – although the basic text remains the same.
The intention of the Czech presidency is to vary the parameters without changing the configuration of the Brussels proposal to get both sides to “reconcile”, but that “requires commitments from both sides”, Czech diplomatic sources said. Meanwhile, member states move forward “reluctantly”, leaving a “narrow margin” to reach an agreement. Something they will try to achieve “until the last moment”.
If not, the cap will go on the price of gas will become part of the top agenda to be held this Wednesday and Thursday in Brussels, during the debate of the European Council.
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Source: EITB

I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.