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Ursula von der Leyen made the comments at a press conference in the Slovenian town of Bled on Monday (Photo: EC - Audiovisual Service)

EU plans 'emergency intervention' on electricity price

The EU is working on an "emergency intervention" plan to stem surging energy prices, Commission president Ursula von der Leyen said during a speech in the Slovenian town of Bled on Monday (29 August).

"The skyrocketing electricity prices are now exposing … the limitations of our current electricity market design," she said, adding that "structural reform of t...

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