Addressing the crisis triggered by the war in Ukraine and its consequences requires coordinated, immediate and bold European action, Finance Minister Christos Staikouras said after today’s Ecofin meeting in Luxembourg.
In particular, as the Minister of Finance explained, no European Member State can deal with this crisis on its own, nor cover the costs it entails.
In this context, as Christos Staikouras added, the Greek government seeks with concrete and documented proposals to undertake the actions required at European level.
Among other things, the proposals of the Greek government include interventions in the wholesale gas market, decoupling the price of gas from the price of electricity, joint supply of natural gas, imposition of a ceiling on the profitable companies of energy production, effective implementation of sanctions, reception of refugees, measures to support households and businesses.
However, the Minister of Finance expressed the view that the crisis, with the current data, affects, but does not divert the Greek economy.
More specifically, after the end of the Ecofin meeting, the Minister of Finance made the specific announcement:
“Europe is facing a new, acute, international crisis. This crisis, on the supply side, is pushing up energy prices, ‘gnawing’ on disposable household income, reducing business turnover, increasing uncertainty, ‘slowing down’.” development dynamics.
No European Member State can afford it alone, nor can it cover the costs involved.
This requires coordinated, immediate, bold European action and response, in order to tackle, effectively and in solidarity, the consequences of the crisis, but above all the crisis itself.
The Greek Government, with concrete, substantiated proposals, is seeking these European answers.
As it is:
– interventions in the wholesale gas market to reduce distortions and speculative pressures,
– the decoupling of the price of gas from the price of electricity,
– joint gas supply at European level,
– the imposition of a ceiling on the super profits of energy companies,
– the effective implementation of sanctions,
– the demonstration of solidarity with the reception of refugees,
– the implementation of measures to support households and businesses, targeting the most vulnerable citizens.
The crisis, with today’s data, affects, but does not divert our economy. It “blurs” the country’s achievements and auspicious prospects, but does not destroy its internationally good image.
As demonstrated by our bilateral, productive meetings with the leaders of the European Stability Mechanism and the European Investment Bank.
And as it turned out with the completion of the repayment of Greece’s debts to the International Monetary Fund. Repayment that closes a chapter that was opened in May 2010, with the appeal of Greece to the Fund.
All this is due to the sacrifices and efforts of society, the hard work of citizens and the state.
“Greece is moving forward, despite the successive and parallel crises, strong and dynamic, with a plan, prudence, determination and self-confidence”.
Source: Capital
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