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EU-Med countries seek more flexible gas price cap mechanism

Por: Associated Press Business December 10, 2022

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MADRID (AP) — Leaders and representatives of nine Mediterranean and Southern European countries on Friday called on the European Union to come up with a more flexible gas price cap mechanism than the recently proposed cap of 220 euros ($232) per megawatt hour. The call made at a EU-Med9 summit in Spain further highlighted divisions within the EU over the proposed cap. The bloc initially proposed a cap of 275 euros last month but this met with... + full article



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