The relevant energy ministers from Greece, Romania and Bulgaria last week addressed a joint letter to the Commission requesting measures to address what they charged were sharp price hikes in southeast Europe’s wholesale electricity markets last summer due to external factors.
The initiative was revealed in Athens on Monday on the Greek ministry’s website.
The letter, signed by Thodoros Skylakakis, Vladimir Malinov and Ioan Burduja, of Greece, Bulgaria and Romania, respectively, was sent to EU Energy Commissioner Kadri Simson. The three ministers emphasized that price volatility in the region has put significant pressure on the countries’ economies, threatening both energy security and market stability in SE Europe.
The four key issues raised by the trio of ministers in the letter are: Insufficient interconnector capacity; fragmentation of energy markets; reduced flexibility in generation capacity, along with geopolitical factors and supply security.
Source: tovima.com
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Eurobarometer: Europeans Concerned About Rising Cost of Living, What Greeks Say
The protection of peace and strengthening of security ranks very high (45%), in Greece, followed by improved cooperation between Greece and other EU countries (36%)
UBS Remains ‘Bullish’ on Greece for Rest of 2024
In its report, UBS posits that Greece is on course to achieve a 2.5% GDP forecast in 2024, notwithstanding weak Eurozone indicators such as the purchasing managers index (PMI), and Income from operations (IFO)
Attiki Odos Motorway Toll Rates to Drop Starting Oct. 6
Toll rates for car drivers using the Attiki Odos motorway will drop to 2.50 euros from 2.80 euros at midnight Oct. 5.
Real Estate: The Prospects for Residential Development in the Greek Market
The scale of residential developments varies depending on the area. Different needs and infrastructures exist in regional cities, Thessaloniki, Patras, Heraklion, and each municipality in Athens
Prinos CO2: EU Approves €150M for CCS Project, Final OK Pending
So far, the CO2 storage capacity at Prinos has been confirmed at 1million tons annually, with indications showing that it could accommodate up to 3 million tons per year in full development
Over 1,000 New Traffic Cameras to be Installed in Athens
1,800 new cameras are soon expected around Attica to monitor crime and particularly traffic violations
Alexandroupolis FSRU Unit Starts Commercial Operation
The project is considered an essential piece of a greater plan for the region that will create a ‘Vertical Corridor’ to improve the energy security of central and southeast Europe
August 2024 Jobless Rate in Greece at 9.4%: ELSTAT
The total number of individuals without work in the country amounted to 444,402, marking a decrease of 90,496 persons in comparison with August 2023.
ELSTAT Highlights Greek Demographic Problem in Report
Total births in 2023 amounted to 71,455, a 6.1% drop compared to 2022, when there were 76,095 births
EU Launches Infringement Process against Greece, 16 Other States for Failing to Implement CSRD
The member-states in question now have two months to respond and complete their transposition
![Airbnb: Πόσο κερδίζουν οι ιδιοκτήτες ακινήτων [έρευνα]](https://www.ot.gr/wp-content/uploads/2023/11/airbnb-3399753_1280-90x90.jpg)
![Τουρκία: Δύο φορτηγά πλοία συγκρούστηκαν στον Βόσπορο [Βίντεο]](https://www.ot.gr/wp-content/uploads/2024/10/Sans-titre-1-600x288.jpg)
