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Reuters
Reuters
Business
By Sabine Siebold, Jan Lopatka and Michel Rose

EU leaders reaffirm support for Ukraine, squabble over gas price cap

European Union Foreign Policy Chief Josep Borrell attends the Informal EU 27 Summit and Meeting within the European Political Community at Prague Castle, in Prague, Czech Republic, October 7, 2022. REUTERS/David W Cerny

European Union leaders on Friday agreed to give more financial and military aid to Ukraine, but a full day of talks in Prague's ornate royal castle seemed to bring them no closer to deciding on whether or how to cap gas prices.

Most of the EU's 27 countries want a cap on gas prices, but disagree on the details, with options including a cap on all gas, a "dynamic corridor", a price ceiling on gas used for power generation specifically or on Russian gas only.

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