EU puts an end to its energy market crisis measures

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The European Commission said on Monday that the measures helped to contribute to a calming of European energy markets

The European Commission said on Monday it had decided not to prolong emergency measures introduced last year to shield consumers from soaring energy prices, adding those measures had helped to contribute to a calming of European energy markets.

“The Commission confirms that it will not propose a prolongation of these crisis measures,” it said in a statement, reminding these included electricity demand reduction measures, revenue caps for power plants and retail price setting rules.

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