There is still no resolution in sight in the dispute over the planned oil embargo against Russia. On Monday, the EU foreign ministers in Brussels failed to break the resistance from Hungary.
By Eric Bonse
Due to the sharp rise in energy costs, the EU Commission may also want to allow state-regulated electricity prices for medium-sized companies. For the gas market, the authority also considers price caps on the exchanges.
By Manuel Berkel
Europe is making itself independent of Russian oil – but a much bigger challenge is to do without Russian gas. The only option is a combination of energy savings and increased LNG imports, writes Daniel Gros of CEPS in the Viewpoint. European solidarity will also be important in this regard, he adds.
By Redaktion Table
In the event that Russia turns off the gas tap to additional member states, the EU should be prepared, write Isabella M. Weber and Karsten Neuhoff. Negotiations on contingency plans should begin immediately. In doing so, they say, particular attention should be paid to issues of fairness, solidarity and legitimacy.
By Redaktion Table
