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EU Starts Talks With Norway to Try to Cut the Price of Gas

  • Von der Leyen delivers key speech in European Parliament
  • EU sets out raft of proposals to stem the energy crisis
Bloomberg business news
WATCH: EU lawmaker Pascal Canfin discusses plans for curtailing household energy use and implementing revenue caps on power companies.Source: Bloomberg
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The European Union is in talks with energy powerhouse Norway as part of its efforts to cut the price of gas and tame the damage to its economy caused by lost Russian supplies.

“We need to keep working to lower gas prices,” European Commission President Ursula von der Leyen told the European Parliament. “I have agreed with Prime Minister Store to set up a task force. Teams have started their work.”