En attendant Godot: European Commission to propose price cap on Russian gas

The European Commission will propose a price cap on Russian gas, alongside measures including a mandatory EU cut in electricity use during peak hours and a cap on the revenues of non-gas power generators, the bloc’s chief said on Wednesday.

“We will propose a price cap on Russian gas … We must cut Russia’s revenues which Putin uses to finance this atrocious war in Ukraine,” European Commission President Ursula von der Leyen told reporters....etc