EU leaders meet at energy summit to tackle energy crisis
European Union leaders met on Thursday for a two-day summit dedicated to tackling the energy crisis and bringing down energy prices. However, while the countries were in agreement about Russia's responsibility for the issue, there were divided views on how to tackle the issue, The Associated Press reports.
The bloc was divided on whether and how to cap the price of gas, making any action unlikely as of right now, Reuters reports. With the rising price of natural gas along with the number of sanctions on Russia, many EU nations have already felt a substantial economic impact, AP writes.
Germany held a particularly firm stance by pushing to hold off plans on imposing a gas cap, arguing that a cap could cause suppliers to freeze Europe out and reduce people's incentive to save energy. The view frustrated many nations with Italian Prime Minister Mario Draghi saying, "We are asked to show solidarity in sharing energy but there is no solidarity on our calls for containing prices."
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
While the countries agree that the group needs to come to a broad consensus, the number of varying opinions makes it unclear whether the issue can be resolved before the end of the summit on Friday. French President Emmanuel Macron reiterated that "it is important that on proposals that are the subject of a broad consensus, we can find unanimity."
The summit's chairman Charles Michel, said, "Division is not a luxury we can afford."
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Devika Rao has worked as a staff writer at The Week since 2022, covering science, the environment, climate and business. She previously worked as a policy associate for a nonprofit organization advocating for environmental action from a business perspective.
-
Has Zohran Mamdani shown the Democrats how to win again?Today’s Big Question New York City mayoral election touted as victory for left-wing populists but moderate centrist wins elsewhere present more complex path for Democratic Party
-
Dutch center-left rises in election as far-right fallsSpeed Read The country’s other parties have ruled against forming a coalition
-
Senate votes to kill Trump’s Brazil tariffSpeed Read Five Senate Republicans joined the Democrats in rebuking Trump’s import tax
-
Border Patrol gets scrutiny in court, gains power in ICESpeed Read Half of the new ICE directors are reportedly from DHS’s more aggressive Customs and Border Protection branch
-
Shutdown stalemate nears key pain pointsSpeed Read A federal employee union called for the Democrats to to stand down four weeks into the government standoff
-
Push for Ukraine ceasefire collapsesFeature Talks between Donald Trump and Vladimir Putin were called off after the Russian president refused to compromise on his demands
-
Trump vows new tariffs on Canada over Reagan adspeed read The ad that offended the president has Ronald Reagan explaining why import taxes hurt the economy
-
NY attorney general asks public for ICE raid footageSpeed Read Rep. Dan Goldman claims ICE wrongly detained four US citizens in the Canal Street raid and held them for a whole day without charges



