France and Germany have agreed to help each other deal with the energy crisis stemming from the war in Ukraine, French President Emmanuel Macron said on Monday.
Paris will be ready to provide gas to Germany, while Berlin has agreed to send electricity to France, if needed, Macron told a news conference after a phone call with German Chancellor Olaf Scholz.
“Germany needs our gas and we need energy from the rest of Europe, especially from Germany,” Macron said.
The president added that he was in favor of electricity interconnections throughout Europe but, following criticism from Spain, said he did not understand the demand for a third gas link between France and Spain.
Macron said he was open to changing his mind on that point, should the head of the Spanish government, Pedro Sánchez, argue convincingly.
The European Union is preparing contingency plans to cap gas prices or decouple energy prices from the rising cost of gas, as well as longer-term reforms aimed at ensuring electricity values reflect cheaper renewable energy.
Energy ministers from EU countries will meet on September 9 to discuss how to ease the burden of high energy prices on businesses and households as an emergency.
Macron said France was in favor of buying gas at the European level rather than nationally and called for European Union action to control energy prices.
He assured that it was necessary to act against speculation on energy prices at the EU level. He also reiterated calls to separate other energy prices from gas values.