The heads of state and government of the EU give themselves until December to observe the development of energy prices

The Heads of State and Government of the European Union agreed this Thursday to wait until December to watch the evolution of energy market prices before deciding on the next steps, which Spain in practice set up a calendar for the debate on the ones you requested Offer action, but no commitment to action.

The heads of state and government of the 27 managed to agree on a joint text after hours of debate between these countries, such as Spain and France, and those who claim that the situation is temporary and only it is necessary to take action Grab support from households and businesses.

The heads of state and government of the EU give themselves until December to observe the development of energy prices
The heads of state and government of the EU give themselves until December to observe the development of energy prices

“The European Council will continue its review and will come back to it in December,” said the document in which the heads of state and government also called on the European Commission to “examine the functioning of the gas and electricity markets”, a request by the Spanish Delegation. who came to the meeting with the idea of ​​promoting a debate on the marginalist system of the wholesale electricity market.

In addition, the Heads of State and Government call on Brussels to consider “immediate” measures in the medium and long term to make the energy price “affordable” for households and companies, taking into account the “diversity and specificities” of the member states.

However, the energy price paragraphs agreed by the heads of state and government of the member states contain no reference to the platform defended by Spain for joint gas purchases in order to create a strategic reserve.

When he arrived at the summit, Prime Minister Pedro Sánchez insisted that Spain should seek “greater ambitions” in the measures and that the situation at European level should be addressed with “urgency”, but it was also reassigned to the “less intense” rhythm of the European Capital city.

“We would like to move faster, but the steps in Brussels and in the EU are less intensive than we would like. We will continue to work on solutions at European level that go beyond what we are doing at national level, ”stressed the socialist leader.

Belgian Prime Minister Alexander de Croo was asked about the Spanish proposal to create a common gas buying platform, which he did not oppose, although he doubted that it would be a measure that will have “great effect” in the current crisis.

Chancellor Angela Merkel prefers to react “cautiously” to the rise in energy prices in order to avoid “obstructing the market”, but she also advocates measures to provide social support to households and companies.

Also speaking on the energy issue, Lithuanian President Gitanas Nauseda stressed the need for the EU to find “short and long-term” solutions to the energy crisis it is facing and pointed out that the continent needs to improve its energy diversification and put it on the green agenda.

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