Enel CEO says he's been advocating gas cap
STORY: Gas prices in the European Union (EU) have soared this year as Russia slashed gas deliveries to Europe following its invasion of Ukraine.
Starace said on Thursday that once in place, "we can change this cap if we see that...it's not enough or whatever."
Gas price caps have split the EU's 27-country bloc. While Italy, Spain, Belgium, Malta and Greece criticized the proposed cap for being too high or unlikely to ever kick in, countries including Germany and the Netherlands are sceptical of capping gas prices - warning that this could deter suppliers from sending much-needed gas to Europe.
