Germany Considers Price Caps As Energy Crisis Worsens ...Middle East

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Germany Considers Price Caps As Energy Crisis Worsens
source : OILPRICE ( Middle East ) () 24
Germany looks to cap the prices of electricity and natural gas to help households and businesses reel from the soaring energy prices, The Wall Street Journal reported on Monday, quoting German government officials. According to the Journal's sources, the plan for price caps in Europe’s biggest economy could become official in the coming weeks if the EU doesn’t agree on a price cap for the entire bloc.   Elsewhere in Europe, in the UK, for example, there is a price cap on energy bills that energy providers can charge to customers.…

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