Industrial representatives in Greece are expressing confidence that the Italian energy cost model can be adapted to the Greek context, highlighting its potential to significantly relieve the industry from the burden of high energy prices. They argue that the implementation of such a model hinges more on the political will of the Greek government than on objections from the European Commission. Current concerns from the Commission relate to specific amendments rather than a total rejection of the overall framework, which could discourage other countries from adopting similar measures.

In June, the European Commission issued a 'comfort letter' to Italian authorities, indicating approval of the Italian mechanism as non-state aid since it is neither assessed for compatibility nor referred to any specific framework. This move suggests a pathway for Greece to consider implementing a similar approach, providing it aligns with the Commission's guidelines. The approval has raised expectations within the Greek industrial circles that they could benefit from a similar model, which would not fall under the provisions for state aid to the clean industry and thus would not be categorized as governmental assistance.

Overall, the discussion surrounding the potential adoption of the Italian model reflects broader themes of energy policy adjustments in response to rising costs and the complex relationship between national strategies and EU regulations. The outcome will depend not only on political will but also on how effectively the Greek government can navigate EU frameworks while addressing the operational needs of its industrial sectors.