Emergency summit due to energy price crisis from Russia: head of the European Council calls for promptness

04 September 2022, 09:00 | Economy
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President of the European Council Charles Michel called for an immediate resolution of the issue of imposing a price cap on Russian energy resources. He stated that the European Commission cannot wait for a State of the Union speech by European Commission President Ursula von der Leyen on this issue on September 14 to propose ways to resolve the energy crisis, POLITICO reports..

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\; We are not starting this debate today, media quote Michel as saying..

“That is why we have invited the Commission several times in the past to put forward concrete proposals to help Member States make a decision.”.

Von der Leyen on Friday said she was "

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The commission expressed its opinion in the draft document, which was reviewed by the publication. He calls for price caps on electricity from sources other than gas and a reallocation of funds from high-yield energy producers to soften the blow to consumers..

Energy ministers across the European bloc are due to meet on September 9 at an emergency summit.




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