Kyriakos Mitsotakis: The EU does not function satisfactorily in the energy market β We need greater integration
Greek Prime Minister Kyriakos Mitsotakis expressed concerns about the inefficiencies of the EU energy market and the need for increased integration to reduce energy prices for consumers and businesses.
Greek Prime Minister Kyriakos Mitsotakis articulated his concerns regarding the inefficiency of the European Unionβs energy market as he arrived at an informal summit of European leaders in Belgium. He emphasized that there should be a concerted focus on energy market issues during the summit, pointing out that the current state of the market is unsatisfactory. Mitsotakis called for greater integration within the EU to help achieve lower energy prices for both consumers and businesses across Europe.
Moreover, Mitsotakis highlighted Greece's proactive stance by presenting specific proposals aimed at reducing European bureaucracy and enhancing the functionality of the energy market. He argued that improving competitiveness is essential and should directly benefit both European businesses and consumers. The Prime Minister's remarks suggest that he is seeking collaborative efforts among EU member states to tackle the pressing challenges in the energy sector and ensure fair pricing.
This development occurs amidst ongoing debates about energy policies within the EU, particularly in light of fluctuating energy prices and market dynamics. Mitsotakis' focus on integration reflects a broader desire for collaborative solutions that can alleviate economic pressures on citizens and businesses alike, implying that without a more unified approach, the current market inefficiencies will persist, affecting overall economic stability in the region.