Containing prices. EU governments agreed on Monday on a price cap for natural gas in an effort to contain rising energy prices. The cap, which will come into effect on Feb. 15, is set at 180 euros ($191) per megawatt hour. Germany voted for the measure despite raising concerns earlier. Kremlin press secretary Dmitry Peskov […]
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Daily Memo: EU to Cap Gas Prices
The bloc agreed on the measure after months of negotiation.
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