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EU should improve gas market functioning to lower energy prices, Draghi says

( September 16, 2025, 16:37 GMT | Official Statement) -- MLex Summary: The EU should improve the functioning of the gas market and loosen the link between gas and electricity prices to bring down costs and boost Europe’s competitiveness, former Italian Prime Minister and European Central Bank chief Mario Draghi said at an event in Brussels on Tuesday. Cross-border grid projects should also be subject to EU-level planning and permitting rather than national processes, he added. Faster investments are needed to make a renewable-based system work, Draghi said, stressing that relaxed state aid to subsidize prices offers only temporary relief and not a structural solution.Full speech attached....

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