Eu Must Act Now On Disastrous Rise In Energy Prices Says European Council Chief European Commission
Michel, who chairs EU leaders’ summits, said the bloc must address the issue of price caps, an idea supported by many EU member states. In thinly veiled criticism, he said the European Commission had taken too long to come up with proposals on the price crisis despite repeated calls for action from EU leaders. “There is not a day to lose,” said Michel, who urged the EU executive to put “concrete proposals on the table” as soon as possible and not wait until September 14, when European Commission President Ursula von der Layen, is expected to deliver his annual state of the union address....