EnergyWatch

Czech EU presidency adds more elasticity to energy deal

To make ends meet, more elements are being finessed ahead of Friday’s meeting between EU’s energy ministers, set to enact an energy plan to support crisis-hit Europeans. Among other things, Malta and Cyprus will be exempt from cap on electricity earnings.

Deputy Prime Minister of the Czech Republic Jozef Sikela (right) will preside over negotiations concerning a new emergency energy plan, scheduled for Friday this week. | Photo: Yves Herman/REUTERS / X00380

Friday this week, EU’s energy ministers are expected to sign energy plan, which has undergone further polishing since being presented by the EU Commission.

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