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European Commission gives green light to Iberian proposal to impose cap on gas

The Portuguese Prime Minister, Antonio Costa, announced today that the European Commission has given the green light to an Iberian…

By admin , in news , at May 9, 2022



The Portuguese Prime Minister, Antonio Costa, announced today that the European Commission has given the green light to an Iberian proposal on Monday to cap the gas price and Portugal and Spain are working to ratify the law this Tuesday. Huh.

«This morning the European Commission gave the green light to the Portuguese and Spanish proposal to avoid the pollution of electricity price due to gas rise. This is a far-reaching measure,” Costa told Portuguese journalists in Strasbourg, France, on his exit from the conference on the future of Europe.

“At this time we are coordinating with the Spanish government how we approve the relevant legislation, and we will do everything to be able to do it tomorrow,” he added in the State Series statement