The Commission's proposal for a cap of 275 euros has been met with criticism from all sides. The proponents speak of a bad joke. Germany he goes much too far.
The heads of government are ignoring German concerns and are in favor of a temporary cap on gas. Scholz can enforce conditions for this. It remains to be seen whether that will be enough to prevent delivery bottlenecks.
Whether the EU gas price cap or the market correction mechanism: the discussion about the high energy prices at the EU summit is increasingly going in a direction that must cause Germany concern.
The embargo should not apply immediately, but rather gradually over the course of months. However, the Schwedt refinery is a source of concern – it accounts for the remaining 12 percent of oil that Germany purchases from Russia.