EU Considers Temporary Cap on Natural Gas Prices

Let’s call it by its true name – the EU wants to open the subsidy bag wide and swamp the market with cash. Thats the only solution they see to prevent its industries from collapsing. Allow me to make a prediction: it will fail spectacularly but it will also open the floodgates for well-connected individuals to get rich quickly. Because when there is plenty of printed money and lots of recipients of it, those who find creative ways to get some of it are not far. By the way: kiss the European market goodbye. Gas liberalization is dead. 

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