France, Belgium and 13 other states back move opposed by Germany Netherlands, Denmark and others. Read more at straitstimes.com.
BRUSSELS - European Union countries were at odds on Wednesday over whether to cap gas prices in the bloc, with France, Belgium and 13 other states stepping up their call for the move opposed by Germany and others.
A group of 15 countries including France, Italy, Spain and Poland urged the Commission on Tuesday to propose a price cap on all wholesale gas transactions to help rein in surging prices. But with Germany, the Netherlands and Denmark among those arguing that a gas price cap would harm efforts to contain Europe's energy crunch, there were doubts as to whether any potential proposal could win sufficient support to become law.
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