Czech Leader to Push for EU Action on Power Prices With Scholz

Czech Prime Minister Petr Fiala said he’ll push for consensus on a European Union-wide measure to tackle surging power costs during a meeting next week with German Chancellor Olaf Scholz, including a possible price cap.

EU member states aren’t able to shoulder surging power prices with individual measures, Fiala said in a message posted on Twitter. The Czech Republic currently holds the six-month rotating EU presidency.