Today: Wednesday, 1 February 2023 year

Prime Minister of Greece called for a ceiling on prices not only for Russian gas

Prime Minister of Greece called for a ceiling on prices not only for Russian gas

Greek Prime Minister Kyriakos Mitsotakis said that a price ceiling should be set for all natural gas purchased by EU countries, and not just Russian. He stated this on September 10 at a press conference in Thessaloniki.

“Greece was one of the first countries to propose to the EU a common ceiling on natural gas imports. Not only for Russian natural gas. The ceiling on the index on the TTF exchange, and not only on imported Russian natural gas. We do not know if such a proposal will be accepted. But there is broad agreement on taxing the windfall profits of companies,” he said.

Mitsotakis expressed the hope that all countries will withdraw excess profits from gas traders.

He also pointed out that electricity in Greece is one of the cheapest in Europe, although prices have risen a lot. According to the Prime Minister, the government is considering a way to support electricity prices and give citizens an incentive to save energy. He assured that all households in Greece will receive support, regardless of consumption.