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EU ‘vigilant’ on fairness of German gas cap plan

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The European Commission will be vigilant over the impact on EU competition of Germany’s 200-billion-euro ($194-billion) plan to cap energy prices, Internal Market Commissioner Thierry Breton told AFP on Friday.

“I have taken note of the announcement of the German plan, which we will have to look at in detail in the coming days,” said Breton.

Berlin’s spending spree has drawn criticism from several European leaders, including Italian Prime Minister Mario Draghi, who called the plan unfair.

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AFP

Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency.