EU Seeks to Break Deadlock Over Capping Natural Gas Prices
- Member states to discuss EU emergency gas market intervention
- Czechs float new compromise cap plan with lower price level
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European Union nations will make a fresh attempt at reaching a deal on a controversial proposal to cap high natural gas prices as the region battles a blast of winter freeze.
The plan to intervene in the market, unveiled by the European Commission last month, has caused a deep rift among member states, which are racing to strike a deal on a broader package of emergency measures before the end of the year.