European Commission

EU Council gathers for two-day session in Brussels

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The introduction of a price cap may lead to a cut in gas supply to the EU

October 21, 2022 Vinayak Barot

New Delhi: Chancellor of Germany Olaf Scholz while speaking in the Bundestag (the German federal parliament) said, A political decision to cap energy prices is always fraught with risks and can lead to a reduction in gas supplies to Europe. “We are considering the proposals of the European Commission very carefully. A politically set price cap […]

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EC suggests new measures against Russia

July 16, 2022 Vinayak Barot

New Delhi: The European Commission (EC) offered a new package of sanctions against Moscow, including the embargo on Russian gold imports, and extend them until next January, the EC said in a statement on Friday. “Therefore, we are proposing today to tighten our hard-hitting EU sanctions against the Kremlin, enforce them more effectively and extend them […]

The introduction of a price cap may lead to a cut in gas supply to the EU

EC suggests new measures against Russia

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