VIENNA, Aug 28 (Reuters) - Austrian Chancellor Karl Nehammer backs a European Union-wide cap on runaway electricity prices, he said in a statement issued by his office on Sunday.
Austria's conservative-led government was initially sceptical at the idea of capping power prices but it has warmed to the idea as they have continued to rise in line with soaring gas prices following Russia's invasion of Ukraine.
Friday, September 2, 2022
Austria backs EU cap to end 'madness' of runaway power prices
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