Prime Minister Kyriakos Mitsotakis stressed that “addressing such a challenge requires a common European response” while noting that “actions are needed until the end of the war and the normalization of the operation of markets.”
In addition, the prime minister described as “a matter of paramount importance the consequences of the Russian invasion of Ukraine.”
“The 4 countries agreed that the solutions can not be just national. Yesterday we announced an additional set of measures. We propose harmonized European policy interventions against speculative trends in order to restore the balance between gas and electricity prices. We must make decisions immediately. It is impossible not to form a united front at the level of the economy. “This energy crisis can rekindle the nightmare of populism on our continent,” he said.
Finally, he informed that Greece will undertake the reconstruction of the Mariupol maternity hospital that was bombed. “To publicly express my disgust for what is happening in Ukraine, especially in Mariupol. “The Greek government will undertake, when the hostilities are over, to reconstruct the Mariupol maternity hospital that was bombed,” said Mr. Mitsotakis.
Greece is ready to rebuild the maternity hospital in Mariupol, the center of the Greek minority in Ukraine, a city dear to our hearts and symbol of the barbarity of the war.
— Prime Minister GR (@PrimeministerGR) March 18, 2022
Starting his remarks following the meeting of the four leaders in Rome, Italian Prime Minister Mario Draghi emphasized that the talks focused on the need to save energy, the necessary effort to separate the price of electricity from that of gas, and to achieve a reduction in the price of gas.
“European answers are needed to European problems,” said Spanish Prime Minister Pedro Sanchez, adding that immediate action was needed. “Our countries will ask the next European Summit to implement specific initiatives to respond to economic and social needs,” he concluded.
The Prime Ministers of Italy, Spain and Portugal wished their Greek counterpart Kyriakos Mitsotakis a speedy recovery from the coronavirus.
Follow the statements of the Prime Ministers of Italy, Spain, Portugal and Greece after their quadripartite meeting:
Latest News
Lavrio Port Authority Next Up for Privatization
A deadline for the submission of expressions of interest is May 14, 2024
Eurostat: Greece Records Largest Drop in Natural Gas Prices in 2nd Half of 2023
The price of electricity and natural gas in Europe was down following a substantial surge that began before the Russian invasion of Ukraine and peaked in 2022
GEK TERNA Still Considers Leveraging Concessions Portfolio as Financial Tool
President and CEO of Gek Terna George Peristeris explained the company's plans on Tuesday on the sidelines of the inauguration of sections of Greece's E65 highway
NielsenIQ: 3% Supermarket Revenue Increase in Q1
Private label products are gaining traction, comprising 25.4% of shopping basket shares, up from 24.7%
Store Hours Change Today in Observation of Orthodox Easter
The President of the Athens Chamber of Commerce hopes the Easter period will provide a much-needed boost to retail traffic in the capital
Athens-area Mass Transit Systems Set to Finally Install Contact-less Fare Payment
Paying fares via bank cards, smartphones and smartwatches in all mass transit systems in the Greek capital, namely, buses, trolleys, the metro and tram lines, is scheduled by the end of the year
Council of State Rejects Motion Against Thessaloniki Motorway Project
The motion was filed earlier this month by three local citizens’ and environmental groups and generated a high court decision for a temporary stay in construction
Greek 30Y Bond Issue Oversubscribed by 11 Times
Very high demand pushed down the coupon's interest rate to 4.125%
Athens Int’l Airport Wins Top Prize at Routes Europe Awards
The Routes business is focused entirely on aviation route development and the company's portfolio includes events, media and online businesses
IOBE: Income Gap Between Poor and Wealthy Greeks Widens
The findings in the analysis, entitled “Progressivity in Income Taxation in Greece, 2012-2021", paint a bleak picture for Greeks in the bottom half of the income bracket, warning that income inequality is growing