EU pressured to introduce sweeping gas price cap – FT ...News

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EU pressured to introduce sweeping gas price cap – FT
Some countries have expressed concern that singling out Moscow would do nothing to bring down costs for consumers At least ten European countries are pushing for a ceiling on gas prices for all suppliers, not just Russia, for fear of angering Moscow and losing Russian gas completely, Financial Times reported on Friday, citing sources. According to the report, Italy, Poland, and Greece are among the proponents of the move. According to a senior EU official cited in the report, “everyone is afraid of the domino effect” if Russia decides to cut off gas flows, because the EU states are interconnected. “If you cut off

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