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Europe Rushes to Contain Crisis as Meeting Nears: Energy Update

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Truss Drafts Energy Plans to Aid UK Households, Businesses
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The European Union is racing to come up with ideas to keep its energy crisis from turning into an economic meltdown, as energy ministers prepare for an emergency meeting in Brussels on Friday.

Germany wants power-price caps within weeks. Poland is seeking to limit prices on all natural gas imports. Spain says the bloc to needs to make sure utilities have adequate financing. Liquidity is set to be a focus of the talks.