OUR Czech Republic that exercises its rotating presidency European Union an emergency ministerial meeting convened this semester Energy EU On September 9, according to the Minister of Industry of the Czech Republic, Josef Schikela, against the backdrop of a sharp increase in prices for natural gas and his electricity.

The Czech Minister of Industry noted that the price of natural gas should be decoupled from the price of electricity, while stressing that one of the proposals includes setting a ceiling on the price of gas used to generate electricity.

Last week, Czech Prime Minister Petr Fiala called for a meeting, while the industry minister said the European Energy Council should be convened as soon as possible, adding that “we are in an energy war with Russia and this is hurting the whole EU.”

On Wednesday, Prime Minister Kyriakos Mitsotakis contacted his Czech counterpart, confirming that Greece is supporting society through national measures, but will continue to demand a European solution to the energy crisis, as no single national budget can deal with this unprecedented crisis alone.

The price of electricity in Germany broke the barrier of 1000 euros

It is noted that the barrier of 1,000 euros was for the first time overcome by basic electricity prices in Germany. The price of next year’s electricity in Germany, used as a benchmark for Europe, rose by 6.6% today to 1,050 euros per MWh.

This was preceded by a jump in prices of more than 25% on Friday in Germany and France, as Russia limits the supply of natural gas. France also has to deal with the additional problem of declining nuclear power production.

It is noted that the corresponding contract in France on Friday has already overcome the barrier of 1,000 euros.

^{According to REUTERS, BLOOMBERG}