Draghi: Commission to discuss options with stakeholders to ease energy crisis

LAST UPDATE: 21:32

The European Commission will discuss with all parties involved options to ease the energy market crisis exacerbated by Russia’s invasion of Ukraine, Italian Prime Minister Mario Draghi said today, including a proposal to impose a gas price cap.

“The European Commission will discuss with stakeholders, major oil and electricity companies, distribution companies and others,” Draghi told a news conference after the EU leaders’ summit in Brussels.

The Italian prime minister added that the 27 agreed that any demand from Russia to receive payments in rubles for its gas exports would constitute a breach of contract.

The Italian prime minister also said he hoped Russia would agree to sit at a peace talks table before the complete destruction of Ukraine.

“The best way to show that you want peace is to stop the hostilities and sit down at the table. If you do not do that it means you hope to gain ground. At some point, there will certainly be a peace negotiating table, but hopefully this “It will come before the complete destruction of Ukraine,” he told a news conference in Brussels.

Draghi said he was planning talks with Russian President Putin on the ongoing crisis in Ukraine.

Source: Capital

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