EU meets to try to break gas price cap impasse


  • World
  • Tuesday, 13 Dec 2022

FILE PHOTO: European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium, September 28, 2022. REUTERS/Yves Herman//File Photo

BRUSSELS (Reuters) -European Union energy ministers are meeting in Brussels on Tuesday to try to agree a bloc-wide cap on gas prices after months of deadlock over whether the measure can ease Europe's energy crisis.

After weeks of infighting between countries, the European Commission proposed a price cap last month - the latest EU response to a crisis caused by Russia cutting gas deliveries to Europe this year, leading to energy price spikes.

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