EU avoiding ‘rash decisions’ on energy price rises

LUXEMBOURG, Luxembourg (AFP) – The impact of surging gas and electricity prices globally threatens the EU’s energy market, but the bloc will not react hastily, officials said on Tuesday. An emergency meeting of EU ministers in Luxembourg to discuss the issue largely backed 11 member countries in rejecting proposals from Spain and France for deep-rooted reforms to the market. The ministers recognised the price hikes “jeopardised the integrity of the European energy market,” the chair of […]