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The Greek Current
The Greek Current

Europe rushes to intervene as energy prices soar

With energy prices breaking record after record as a result of the war in Ukraine, the EU is now rushing to intervene in its energy market, drafting an emergency plan to tackle the issue amid pressure from member states. This marks a significant shift in approach from the EU, as countries that had originally pushed back on proposals by Greece and other southern European countries for a price ceiling on natural gas and the decoupling of gas prices from electricity rates are now leading efforts for an immediate intervention. Efi Koutsokosta, the EU Correspondent for Euronews and Skai TV, joins Thanos Davelis from Brussels with the latest analysis. 

You can read the articles we discuss on our podcast here: 

Northern EU sees the light

Figuring out how to reform the EU’s power market

EU sets sights on energy market reform as prices soar

Nord Stream 1: Russia shuts major gas pipeline to Europe

Greece heralds deal to recoup 161 ancient treasures from US

Erdogan slams Greece, accuses it of ‘hostile act’

Erdogan: Greece a ‘pawn’ in ‘sowing unrest’ in Aegean

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