European Union to call emergency energy talks as prices set records

The European Union will call an emergency meeting of energy ministers to discuss bloc-wide solutions to the spike in power prices.

The Czech Republic, which holds the European Union’s rotating presidency, will summon the gathering to debate “concrete” measures to tackle the energy crisis following an agreement with European Commission head Ursula von der Leyen, Prime Minister Petr Fiala said Friday.  

The Czech leader didn’t elaborate on potential new steps, but earlier this week said he’ll discuss possible price caps with German Chancellor Olaf Scholz on Monday. The Czechs and some other bloc members are calling for a common policy approach as