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EU Energy Ministers Demand Action Amid Talk of Broad Price Cap.

Authors :
Krukowska, Ewa
Delfs, Arne
Source :
Bloomberg.com; 9/9/2022, pN.PAG-N.PAG, 1p
Publication Year :
2022

Abstract

A group of European energy ministers is also pushing to impose price caps on all imported gas, as the bloc grows increasingly desperate to prevent price surges from hammering the economy. (Bloomberg) -- European Union energy ministers asked the bloc's executive arm to come up with urgent steps to provide liquidity to energy traders clobbered by massive margin calls and to skim off energy companies' windfall profits so the funds can be redirected to struggling consumers. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
159036531