The time has come: European Commission head on capping Russian gas prices

Ursula von der Leyen, President of the European Commission

© APA | Ursula von der Leyen, President of the European Commission

# 02 September 2022 15:12 (UTC +04:00)

"The time has come when we should introduce a price ceiling for Russia in the European Union," said the head of the European Commission, Ursula von der Leyen, APA reports citing Reuters.

According to her, the European Commission intends to come up with this proposal in the near future.

Earlier, Bloomberg reported that external regulation of Russian gas prices, including Gazprom’s introduction of fuel purchase cap prices, will not save Europe from the consequences of a historic energy crisis.

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