Greek PM reiterates call for capping gas prices to ‘take back control’ from Russia

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Greece’s Prime Minister, Kyriakos Mitsotakis, has reiterated a call for European action to cap gas prices in an op-ed published by Bloomberg on Monday.

In the article, Mitsotakis accused Russia of having “weaponised energy” during the current crisis with Ukraine and said it was time for Europe to “take back control of its gas market.”

“We cannot afford to sit back and watch as Russia uses our market institutions against us,” Mitsotakis said in the article.

“It is an act of common sense, and of sovereignty, to step in and design rules that respond to the unprecedented challenge we face. Imposing a cap on natural gas prices is an inevitable step in that process.”

This statement comes as EU countries’ energy ministers adopted a fresh set of policies on Friday to attempt to tame high energy costs, including windfall profit taxes on energy firms.

However, states are divided over what to do next – with many calling for an EU-wide cap on gas prices, but others, including Europe’s economic powerhouse Germany, opposed.

READ MORE: Leaders of Greece and France meet to discuss energy crisis, East Med tensions.

Source: Ekathimerini.

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