Germany Is Skeptical About A Natural Gas Price Cap

Germany is not convinced that a price cap on Russian gas imports would be a smart move, Politico has reported, citing a spokesman for the German economy ministry. "We remain skeptical when it comes to issues surrounding a gas price cap, but we are generally ready for talks in the European framework," he said. The idea to cap Russian gas prices was floated earlier this month by European Commission President Ursula von der Leyen. "I firmly believe that it is now time for a price cap on Russian pipeline gas to Europe," Von der Leyen said last…