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Search resuls for: "Gabriela Baczynska Jan Strupczewski"


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BRUSSELS, Nov 22 (Reuters) - The European Commission proposed introducing a gas price cap for one year from Jan.1, 2023, according to draft legislation seen by Reuters that has so far left the actual ceiling level blank. The idea to cap prices has divided EU countries for many months. The Commission's latest proposal will be debated by energy ministers from the bloc's 27 member countries on Thursday. An EU official said the Commission would propose a price higher than backers of the cap want. Divided as ever, EU countries are unlikely to agree on these crucial details of a cap this week, said the sources.
In September, it also recommended suspending a further 7.5 billion euros, or 65% of development funds envisaged for Hungary in the coming years, over corruption. But the promised reforms mark a change from years when, according to rights watchdog groups, Orban had channelled EU funds to his close associates, enriching them and ensuring their loyalty. Hungary had irregularities in nearly 4% of EU funds spending in 2015-19, according to the bloc's anti-fraud agency OLAF, by far the worst result among the 27 EU member states. Raising the stakes further, Hungary has blocked some unrelated EU decisions, from a minimum global corporate tax to 18 billion euros of planned support for war-torn Ukraine. "They are going to give the money," Gwendoline Delbos-Corfield, a Green French lawmaker, said of decisions she expected from the Commission and EU member states.
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