EU Leaders Left Myriad Questions Unanswered Friday On How To Handle Energy Cost
EU Leaders Left Myriad Questions Unanswered Friday On How To Handle Energy Cost
EU leaders left myriad questions unanswered Friday as they concluded a summit in Prague, delaying final decisions on combating sky-high energy prices to future meetings. Attention now turns to a formal EU leaders’ summit on October 20 and 21.
  • Friday’s gathering — which lasted much longer than anticipated, reflecting the deep divisions among countries over how best to bring down energy costs — made no concrete progress on a series of proposals, including a controversial gas price cap.
  • Some countries want to reimburse people for gas payments above a certain price.
  • Still others have sought a mix-and-match of these ideas.
  • But German Chancellor Olaf Scholz kiboshed that idea at a press conference Friday afternoon, insisting previous EU pandemic recovery funds could still be redirected.
  • “I understand — all of us would rather spend the money we spend on armaments on completely different goals — peaceful goals, social needs,” he said. “
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