At an extraordinary meeting on December 19, EU energy ministers reached a political agreement on a gas market correction mechanism (MCM), which will limit excessively high gas prices and is designed to help the Eurozone, which rejects Russian gas due to the war in Ukraine, prevent energy crisis. According to the statement of the Council of the EU, the agreed regulation is a temporary emergency measure aimed at limiting cases of excess gas prices...

Please login or subscribe to read more

Leave a review

Europe

Follow us on social networks

In Focus