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At an extraordinary meeting of his cabinet, Greek Prime Minister Kyriakos Mitsotakis reiterated his commitment that support for businesses, citizens and farmers will continue as long as the energy crisis lasts.
Kyriakos Mitsotakis: I reiterate our commitment that support for businesses, families and farmers will continue as long as the energy crisis lasts. In the next ten days, I believe that we will be able, with the co-responsible ministers, to announce and launch a full program of additional support, utilizing national and European resources.
But according to the head of the Greek government, a pan-European problem also requires a pan-European response, to which he also indicated that he had sent a letter to the President of the European Commission, Ursula von der Leyen, before the extraordinary Versailles Summit. There he proposed a six-point European political intervention to address gas prices in the wholesale market which includes, among other things, a cap on gas prices and the establishment of a profit ceiling in European wholesale electricity markets.
Kyriakos Mitsotakis: This is because, having no real problems with production, quantity and fuel supply, prices have skyrocketed, under the pretext of the crisis in Ukraine. If we take into account that gas prices before the crisis were 30 euros per megawatt hour and now reach 300 euros, then we realize that our enemy is not only war, but a major malfunction with speculative causes in the gas market.
While the package of new financial measures to help citizens is awaited with interest. Mitsotakis also referred to Sunday’s meeting with Turkish President Recep Tayyip Erdogan. He said he was going to Istanbul with a positive approach, but with “prudent and realistic expectations” with the aim that as neighbors and partners in NATO, imposed by the international situation, our region should be kept away from any additional geopolitical crisis.
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