BRUSSELS, Dec 21 A gas price cap agreed by the European Union will be easy to avoid and is unlikely to achieve the bloc’s aim of reducing energy prices, analysts and.
Inflation has risen in Germany due to the rising cost of energy prices, exacerbated by Russia’s ban on gas supplies to Europe, with politicians and senior officials already warning that energy needs to be conserved ahead of the cold season this autumn.
BERLIN, June 5 Russia’s sanctions against Gazprom Germania and its subsidiaries could cost German taxpayers and gas users an extra €5 billion (RM23 billion) a year to pay.