gas prices

At a joint meeting of EU ministers, possible solutions to high gas prices were discussed. Our researcher Michal Hrubý commented on the meeting for Událostí, komentáře ČT24. He warned, for example, against capping prices of gas used for electricity production, which could lead to the exhaustion of gas reserves due to low prices. On the other hand, he positively assessed the planned joint European purchases of gas, which could significantly help the Czech economy.

An emergency meeting of EU ministers will be held today to discuss the dramatic rise in energy prices. The gas price cap is unlikely to happen, but other proposals are expected to be approved. Our research fellow Michal Hrubý commented on the situation.