EU leaders to make more progress in energy talks on Thursday

BRUSSELS: German Chancellor Olaf Scholz said he is optimistic that European Union leaders will make progress in talks on tackling high energy prices at their meeting in Brussels on Thursday.

“I am sure that we will find agreement in some more issues on the sidelines today so that we will eventually reach overall agreement,” he told reporters, adding “we are very close” on reaching a deal.

EU united in spat over US green subsidies: Scholz

EU energz ministers earlier this week failed to reach an agreement on the issue of setting a cap on gas prices, as Germany in particular took a cautious stance on the matter.