Forging a Balkan front on electricity rates

Greece is launching an initiative to form a common front with the Balkan countries of the European Union on electricity rates, as their dramatic rise, which was first observed in Southeastern Europe in July, is not temporary but is taking on more permanent features and its effects cannot be tackled by government subsidies.

Western European countries seem to have shifted the burden of giving power to Ukraine (whose production and infrastructure have been hit by Russian incursions) to Greece and the other countries in Southeastern Europe. "It is not possible for Austria to have a price at 154 euros and the neighboring interconnected market of Hungary at €238. Something is wrong and the EU should see this and intervene," a competent government official tells Kathimerini, revealing that the government is taking action to form a "Balkan front," with the governments of Bulgaria...

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