Roof on the price of gas, Scholz: “So the EU risks having less”

The German Chancellor reiterates Berlin’s no to the measure contained in the package against expensive energy proposed by the EU Commission and which in these days will be examined by the European Council: “Also involve producers or you risk stopping supplies”. Then the defense of the 200 billion euro shield announced by his government in September: “With that, citizens and businesses are safe for two and a half years”

Waiting for the European Council that today and tomorrow will evaluate the proposals made by the Commission to deal with expensive energy, Olaf Scholz reiterates Germany’s opposition to the most important measure among those being studied in Brussels: the dynamic and temporary price cap at the price of gas. . “A statutory ceiling risks making us run out of supplies,” the German Chancellor said in a speech to the Bundestag. He then defended the € 200 billion anti-price increase shield announced in September by his government: “It will protect us”.

“Gas shortage risk”

“We look very carefully at the Commission’s proposals but a price cap on gas imposed by law always involves the risk that producers will go to sell elsewhere and that for us Europeans, supplies will be reduced”. Thus Scholz commented on the proposal presented earlier this week by the president of the EU Commission Ursula Von der Leyen. “Europe must agree in close contact with other partners such as Korea and Japan, so as not to compete with each other”, added the Teutonic leader. Who also underlined the importance of involving producers in the decision-making process: “I am sure that countries like the USA, Canada and Norway, which together with us are in solidarity alongside Ukraine, have no interest in making energy in Europe become priceless”.

“With a shield we are protected”

In his speech before the German parliament, Scholz did not fail to defend the 200 billion euro ‘shield’ launched to curb the price of gas in Germany, a measure strongly contested even by the resigning Italian premier Mario Draghi because he was taken alone and without an agreement with the European institutions. “We consciously set it up to cover the next 2 and a half years and be equipped for this winter as well”, explained the chancellor. Then he launched a dig at the other capitals, including Rome: “France, Italy and Spain have also created packages of such measures “.

Works in progress

Meanwhile, new rumors speak of a further modification to the draft conclusions of the European Council from which it would emerge that, precisely on the price cap, the agreement between the leaders remains distant. “We invite urgent work to be carried out on some measures proposed by the Commission, assessing their impact and taking into account the different energy mixes and national circumstances”, the text would now read, mentioning among the interventions “the temporary dynamic corridor of prices on natural gas transactions to immediately limit prices “.