European Commission proposes gas cap for one year, but countries at odds over price level

European Commission proposes gas cap for one year, but countries at odds over price level

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The European Commission proposed introducing a gas price cap for one year from Jan.1, 2023, according to draft legislation seen by Reuters that has so far left the actual ceiling level blank. The idea to cap prices has divided EU countries for many months. The Commission’s latest proposal will be…

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