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The EU’s 27 heads of state and government met for an informal summit in Versailles, France (Photo: fr.wikipedia.org)

Calls for EU-wide gas cap, but no collective response

With gas prices surging, calls across Europe have been growing louder for the European Union to mandate a price cap to control the cost of living and safeguard the broader economy.

Benchmark Dutch gas prices briefly hit €345 a megawatt-hour on Monday, 20 times the price of the same contract a year ago.

But don't hold your breath for a collective response.

Positions among the EU's 27 heads of state and government were a jumble on Thursday, when they met for an informal su...

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Author Bio

Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.

The EU’s 27 heads of state and government met for an informal summit in Versailles, France (Photo: fr.wikipedia.org)

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Author Bio

Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.

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