PM reiterates need to adopt plan for gas price cap

PM reiterates need to adopt plan for gas price cap

Prime Minister Kyriakos Mitsotakis insisted on the need to adopt the proposal of the 15 member countries of the European Union to impose a ceiling on natural gas, in the statement he made upon his arrival at a ceremony in Sofia, Bulgaria, to mark the commercial operation of the Interconnector Greece-Bulgaria (IGB) pipeline. 

“We have been discussing for many months about the issue of the ceiling on natural gas. This discussion has matured, 15 countries have supported this initiative and I believe that the time has come for the European Commission to move faster, to submit specific proposals so that we can now – at the latest at the regular EU summit in Brussels – take final decisions,” he said.

“It is unthinkable at this moment that there is no European solidarity and that there are countries that follow an autonomous policy of supporting their own societies, just because they have the economic and fiscal capacity to do so. Europe must demonstrate that it can rise to the occasion and demonstrate the necessary European solidarity when faced with an existential economic crisis.”

At the event, he said that the IGB pipeline, which connects the natural gas systems of Greece and Bulgaria, will enable Bulgaria to expand its natural gas supply sources, but at the same time it strengthens Greece’s position as “an important geostrategic, geopolitical player in the wider regional energy map.”



Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.