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Added on the 23/09/2022 17:20:25 - Copyright : Euronews EN
The European Commission’s energy supremo, Estonian Kadri Simson, recently visited Ukraine to discuss what can be done to help energy infrastructure damaged in Russian missile attacks. She details plans to transfer specialised machinery and devices to Ukraine through a dedicated fund. The Commissioner also updates us on the negotiations among EU member states on a possible price cap on gas imports – a potential response to Europe's energy crisis.
Talks are taking place in Brussels on a proposal to set the ceiling for the price of Russian natural gas at €275 per megawatt hour. The plan has come under criticism from all sides for either being too complicated, too high or unnecessary. Meanwhile, the G7's plan to cap Russian oil prices will also be discussed. Also in the show, we take a look at one of the most prestigious brands in sport, which could soon be up for sale: Manchester United.
EU ministers have finalized a long-awaited deal to implement a natural gas price cap they hope will help households and businesses better weather excessive price surges. The Czech presidency of the European Council, which represents member countries, saying a deal had been reached. Under the agreement, the mechanism will kick off if prices exceed 180 euros per megawatt hour for three days. Once triggered, the mechanism will remain active for at least 20 days. FRANCE 24's correspondent in Brussels, Pierre Benazet, tells us more.
Energy ministers of the European Union's member states hold a roundtable meeting in Brussels to put the finishing touches on a proposed wholesale cap on the price of gas. IMAGES
Leaders and representatives from nine Mediterranean and Southern European countries on Friday called on the European Union to come up with a more flexible gas price cap initiative than the recently proposed cap of €220 per megawatt hour,
A $60 price cap set on Russian oil agreed by the EU, G7 and Australia is not "serious" because it is "quite comfortable" for Moscow, says Ukrainian President Volodymyr Zelensky.