The Eurogroup of 19 Eurozone finance ministers of the would-be “sovereign” state of Europe could not agree on measures to tackle gas and electricity price increases yesterday, as they are captive of their Green and free-market ideology. The Eurogroup heard a report by the Coordinator of European energy regulators who said the situation will remain critical until next spring, and Eurogroup President Paschal Donohoe said “we agreed on the need to monitor the evolution of energy prices.” Donohoe further stated that the situation does not undermine the EU climate transition policy and renewables must be built “to reduce our foreign dependence.”
EU Commissioner Paolo Gentiloni said the Commission will shortly present solutions which however will be “temporary” and “respectful of the single market rules.”
