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Italy Is Nearing Deal With EU on Gas Price Cap, Meloni Says

Source: Bloomberg

Energy Markets & PricesElections & Domestic PoliticsRegulation & Legislation

Italian Premier Giorgia Meloni said her government was nearing an accord with the EU on a mechanism to lower the price of gas used to generate electricity. If agreed, the measure could ease energy bills ahead of Italy’s national election next year; no savings estimate or implementation details were provided.

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