Seven EU nations warn against energy market changes
Seven EU nations warned against changing the energy price-setting system today. They argue intervention harms investment and fails to address high fuel costs.
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A group of seven European Union member states has formally cautioned the bloc's executive branch against making fundamental changes to the continent's energy market design. The Netherlands, Sweden, Denmark, Finland, Latvia, Luxembourg, and Portugal argued that interfering with the current price-setting mechanism could lead to inefficiencies and higher costs for consumers.
