Profile associations are alarmed by the introduction of a limit on gas prices for TTF in the EU
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The Association of European Energy Exchanges Europex sent an appeal to several European Commissioners, Ministers of Energy and Finance of the countries of the European Union, in which it expressed extreme concern about the activation of the market adjustment mechanism by Western countries.
“We are deeply concerned about the development of the market adjustment mechanism set out in Article 23 of the Council’s draft resolution, which implies the use of a temporary mechanism to limit episodes of excessive gas prices on the TTF,” the document says.
According to experts, this practice globally threatens financial stability.
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