Industry sources have indicated that the Italian energy cost relief model could be applicable in Greece, emphasizing its potential benefits in reducing high energy expenses for the sector. They mentioned that the implementation of this model chiefly depends on the political willingness of the Greek government, rather than opposition from the European Commission, which has been focused on specific amendments rather than dismissing the entire scheme. This hints at an opportunity for Greece to adopt effective measures to relieve its energy cost burdens.

Furthermore, it's essential to note that the European Commission had previously sent a 'comfort letter' to Italy approving this mechanism as non-state aid. The approval came after a review that concluded the Italian model did not fall under the state aid framework since it operates as an 'energy loan.' This allows participating businesses not to be hindered by state aid regulations, providing a viable option for economic support without breaching EU laws.

Overall, the discussion points to a significant opportunity for the Greek government to consider the Italian approach. The ability to implement this model could lead to enhanced competitiveness in the energy sector and deliver much-needed relief to businesses grappling with soaring energy costs. However, the success of this approach hinges on the decisive action and political will of the Greek authorities to take the necessary steps in collaboration with the EU.