The European Union is working towards a common intervention aimed to reduce natural gas prices, Greek Prime Minister Kyriakos Mitsotakis said on Friday, following the end of an informal EU Summit in Prague.
Moreover, he expressed optimism that the next EU Council meeting, in two weeks, will result in a tangible EU-wide decision.
“Even if it delayed, Europe must now do the right thing, and we must utilize the power that the European family offers us, united, in order to lower natural gas prices, while ensuring supply in the process,” he said.
Asked about his intervention, after a brief but belligerent address by Recep Tayyip Erdogan during the official dinner at the European Political Community summit in Prague, where the Turkish leader again hurled insults at Greece, Mitsotakis said “the government and I, personally, will not allow any challenge to go by without a response. I believe all the participants witnessed for themselves and reached their own conclusions.”
Conversely, he also gave the increasingly bombastic Erdogan the benefit of the doubt, following the latter’s inflammatory comment that “(Turkish forces) will come at night,” saying it sounded more ambiguous than threatening, based on a simultaneous translation.
“I will take the positive interpretation and say that no, it was not a threat against Greece. I cannot imagine us continuing in this climate. I made a note of what he said, namely, that Turkey has no intention to challenge the national sovereignty of any other country. I also made a note of this as a comment toward a positive direction. I just hope that this is followed up and an end comes to this unacceptable rhetoric of challenging Greece’s national sovereignty as far as the eastern Aegean islands are concerned,” he added.
Latest News
Vardis Vardinogiannis: ‘On a Ship’s Bridge You Always Look Forward’
Ten milestones in the half century since the creation of Motor Oil Group, as described by Vardis Vardinogiannis, who passed away on Tuesday at the age of 91
DBRS Says Greek Banks ‘Shielded’ from ECB Rate Cuts
The agency explains that fund disbursements through the banking sector will help offset pressures anticipated on interest margins beginning in 2025, due to expected rate cuts by the European Central Bank (ECB).
Meta Cuts Facebook and Instagram Subscription Fees by 40%
The social media giant also revealed that it will continue to offer free access to Facebook and Instagram for EU users, provided they agree to see ads based on a limited set of user data.
Skyrocketing Use of Debit, Credit Cards
The total value of the transactions conducted with debit and credit cards in the country in the first half of 2024 rose 2% on the corresponding period of 2023
JP Morgan Revised Greece Outlook to ‘Overweight’
The investment bank notes that Greece is showing the strongest GDP growth in the Eurozone. Additionally, efforts to clear up bank balance sheets are anticipated to yield increased capital returns.
Vardis I. Vardinogiannis, Greek Tycoon and Shipping Magnate, Dies at 91
In 1990, Vardinogiannis was targeted in an attack which involved three rockets fired at his vehicle by the terrorist organization 17 November.
Kudos for Greek Sheep’s Milk Cheeses
Graviera is the Greek version of the Swiss gruyère, and is generally considered the second most popular cheese made in the country after feta
EIB Survey: Greeks Rank Climate Change as Top Concern After Cost of Living
Specifically, 98% of the Greeks surveyed stated that the country must to adapt to climate change, with 60% saying that priority should be given to these adjustment measures
Trump Tells Putin not to Escalate Ukraine War during Phone Convo
Meanwhile, President Joe Biden, is preparing to lobby Trump against abandoning U.S. support for Kyiv
Former Thessaloniki Mayor Yiannis Boutaris Dies at 82
Boutaris entered politics in 2010, serving as the 60th mayor of Thessaloniki for two consecutive terms until 2019, becoming a transformative figure with his progressive policies.