V. Kikilias: Efforts to find European funding to curb energy prices β Various measures are being considered
Greek Minister Vassilis Kikilias discussed ongoing efforts to secure European funds and establish a common policy to address the rising energy prices affecting the economy and ferry ticket prices, amid the challenges posed by the war.
Vassilis Kikilias, Greece's Minister of Maritime Affairs and Island Policy, highlighted the country's endeavors to secure European funding aimed at stabilizing escalating energy prices in a recent interview. He mentioned the substantial economic implications of rapidly fluctuating fuel and natural gas prices, particularly how they impact daily life, local markets, supermarkets, and ferry ticket costs. As the government navigates a challenging economic landscape marked by unpredictability, Kikilias reassured citizens of their commitment to finding effective solutions to these challenges.
The minister noted that Prime Minister Kyriakos Mitsotakis and the Minister of National Economy and Finance are currently in Brussels seeking a unified European response to the energy crisis. This step emphasizes the collaborative approach necessary to address the widespread economic impact of the war, specifically its effects on energy supply and pricing. Kikilias pointed out that the government is not only aware of the issues facing ordinary citizens but is also proactive in engaging with industry stakeholders to develop feasible measures.
Kikilias asserted the governmentβs commitment to rapid action by consulting with relevant sector representatives to formulate appropriate responses depending on the unfolding situation. As public anxiety over rising living costs grows, the Minister's statements aim to instill confidence that authorities are working diligently to mitigate these pressures through potential European assistance and coordinated policy measures.