mixx
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- Jan 9, 2014
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EU Energy Ministers Rush to Brussels Amid Spiraling Power Costs
Energy ministers from the 27 European Union countries are meeting in Brussels on Friday to discuss a set of proposals aimed at combating rocketing power prices.
Among the measures on the agenda according to EC President Ursula von der Leyen are a Russian gas price cap - which Hungary has already opposed - capping profits of companies producing electricity without gas, and solidarity payments from fossil fuel companies.
The meeting comes amid claims that deliveries of Russian gas have fallen at least 90% in the past 12 months.