EU ministers agree to impose emergency measures to reduce energy prices ...Middle East

BRUSSELS: Energy ministers of the European Union (EU) member states reached a political agreement at their extraordinary Council meeting held here on Friday on a series of emergency measures to mitigate the current high prices of electricity.“Member states will flatten the curve of electricity demand during peak hours, which will have a direct positive effect on prices,“ the session’s chair, the Czech Republic’s Minister of Industry and Trade Jozef Sikela, said. “Member states will redistribute surplus profits from the energy sector to those who are struggling to pay their bills.”These measures “will provide the member states a tool to shield consumers from high electricity prices,“ European

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EU ministers agree to impose emergency measures to reduce energy prices ...Middle East

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