EU energy ministers

will discuss on Monday a gas-price cap that’s almost one-third lower than an original proposal by the European Commission as they attempt to break a deadlock over the controversial proposal to contain the impact of a historic energy crisis. The Czech government, which holds the EU’s rotating presidency, suggested lowering the ceiling to €188 per MWh, reported Bloomberg.

• A step back: Some states, including Germany, have opposed the idea of any cap, saying it could make it harder to secure supplies, while Belgium, Italy and Poland demanded a more aggressive tool, with the price cap at below €200.