Hungary calls fuel value cap “damaging for all of Europe”

The Minister of International Affairs and Business of Hungary, Peter Szijjarto, described this Monday the proposal to impose a cap on the cost of fuel provides as a “damaging, unhealthy and entirely pointless” measure for Europe.

The member international locations of the Eu Union agreed this Monday to briefly restrict the cost of herbal fuel at 180 euros consistent with megawatt hour. The so-called fuel marketplace correction mechanism, designed to steer clear of excessive value fluctuations, will likely be implemented from February 15 if the associated fee distinction with global costs for liquefied herbal fuel is bigger than 35 euros.

“As an alternative of the Eu Union addressing smart problems, discovering new assets of power, creating infrastructure, the previous couple of months were a multitude in regards to the restriction of fuel provide,” denounced the senior diplomat, quoted via native media.

On this context, Szijjarto wired that his nation does no longer improve the advent of a worth cap for fuel beneath any cases, including that the truth that the neighborhood bloc has been functioning neatly with out a value cap since August handiest demonstrates its pointless nature. .

Bloomberg in the past reported, bringing up Eu diplomats acquainted with the subject, that Belgium, Greece, Italy, Poland, Romania, Bulgaria, Slovakia, Slovenia, Latvia, Lithuania, Croatia and Malta had been not easy a vital relief within the cap on the cost of fuel provides. . With RT

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