Greek Energy and Environment Minister St. Papastavrou has expressed concerns about a new international crisis impacting Europe, emphasizing the necessity for the EU to be equipped with targeted measures to protect citizens and businesses. He highlighted the pervasive influence of energy prices, stating that they resonate with every household and business within the continent, and asserted that the EU must respond appropriately to these challenges.

Papastavrou pointed out that in early March, Greece recorded the sixth lowest wholesale electricity price in Europe, attributing this achievement to a diversified energy mix that includes renewable sources and hydropower. This strategy has allowed Greece to operate with a certain level of resilience amidst rising energy costs. He insisted that the country is moving forward with a clear plan and determination, underlining that complacency is not an option as the nation prepares for future energy stability.

Emphasizing the importance of readiness, Papastavrou reiterated the significance of proactive measures to ensure energy sufficiency, price stability, and the protection of the economy and its citizens. His statements reflect a growing awareness within the EU regarding the challenges posed by energy volatility, as well as a commitment to a secure and sustainable energy future for Europe.