News
With its toolbox, the European Commission has shown the EU states how they can manage the current energy crisis in the short term. But long-term measures are also being examined to prevent future price shocks. One possibility: collective gas procurement and storage. But there is great disagreement about the impact and benefits of collective gas contracts.
By Lukas Knigge
The EU Commission presented its toolbox against high energy prices on Wednesday and outlined a two-part approach to solving the problem: In the short term, the EU states could help consumers and industry with emergency measures. In the long term, strategic measures should prevent further price shocks.
By Timo Landenberger
Gas prices, and with them energy prices, are on a roller coaster ride. There is disagreement about the right lessons to be learned from the price hike. Some countries call for an energy union in which the EU Commission negotiates gas contracts for the member states. Others – including Germany – are critical of far-reaching market reforms.
By Lukas Knigge
High energy prices remain the dominant topic of political debate. At the most recent meeting of the Euro Group there were renewed calls for countermeasures. Meanwhile, legal experts warn against national governments going it alone.
By Timo Landenberger