By Dimitris Gatsios
The Prime Minister pointed out that the European problem of rising energy prices should be addressed in a European solution, in an interview he gave on Bloomberg television.
“We are subsidizing our citizens, but we need to take more systematic action.… What I am saying is that we must definitely provide a European solution to a European problem.… We must say that gas reserves have not changed much. They have not changed substantially. stocks and that is why I am still saying that the question is whether this market is working properly… Of course in the European Union we will also talk about gas dependence, but this cannot be done immediately. “Short-term solution for a new balancing of the natural gas market, while at the same time there will be discussions on how we can promote renewable sources”, stressed Kyriakos Mitsotakis. At the same time, he stated that he does not consider that an immediate ban on gas imports from Russia is a realistic proposal at the moment.
“I am defending a short-term solution to a problem which has arisen in an extremely acute manner in recent months and which, of course, is not governed by supply and demand criteria. “But this is not happening overnight. We must make every effort to reduce fossil fuel use in general.” a problem that we can not manage at national level… “, he noted.
Source: Capital

Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.