Prime Minister Kyriakos Mitsotakis he stressed, according to information, during his speech to the European Council that although the mandate for the formation of a ceiling (price correction mechanism) for natural gas has been given since October last year, it has not yet been implemented.

According to the same information, he specified that the issue should be closed on Monday in the Council of Ministers. EnergyAt the same time, he asked to include in the text of the conclusions, which was eventually done, an appropriate reference to the need for urgent revision of the issue on December 19.

During the preceding debate on transatlantic relations, and in particular the US Inflation Reduction Act, Kyriakos Mitsotakis stressed the need for Europe to act in concert and support European business by putting money on the table and strengthening the RepowerEU.

Earlier, attending the summit, the Prime Minister stressed the importance of finally resolving the issue of the cost of electricity.

“At the last European Council this year, we will return to the question of the cost of energy, and I hope that after many months of consultations we will be able to finally take our decisions either today or at the latest next Monday, in the Council of Ministers,” said the Prime Minister. minister of Greece.

According to him, EU leaders are close to setting a price ceiling for natural gas. “Our reasoning is now known in all member states, and I believe that one way or another we will find the necessary majority to move in this direction,” he said.

Subsequently, Mr. Mitsotakis stressed that it was imperative for Europe to finally send a clear “signal” to the markets that it would not allow Russian instrumentalization of natural gas.

“We must support our consumers, our businesses, our households today to resist this wave of precision, the product of Russia’s war and the unjust invasion of Ukraine,” he said.

^{With information from APE-MPE}