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Ok EU at the top of gas prices in Spain and Portugal

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Ok EU at the top of gas prices in Spain and Portugal

Green light from the European Union to the proposal by Spain and Portugal to lower the cost of electricity bills by setting a ceiling on the price of gas in the Iberian Peninsula. This was announced by the ministers of the environment of the two countries, Teresa Ribera and Duarte Cordeiro, at a press conference in Brussels after a meeting with the vice president of the EU Commission, Margrethe Vestager. The political agreement provides for a maximum price of 40 euros per megawatt hour, with an average of 50 euros in the period of application of the provision which will be one year.

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