Greece, Romania and Bulgaria join forces faced with high energy prices in the region
Greece's energy minister Theodore Skylakakis said on September 9 that the EU's single electricity market was not functioning, adding that he would work with Romania and Bulgaria to find a permanent solution to the situation that resulted…
iulian ernst · Journalist
· Updated · 2 min read
Greece's energy minister Theodore Skylakakis said on September 9 that the EU's single electricity market was not functioning, adding that he would work with Romania and Bulgaria to find a permanent solution to the situation that resulted in high electricity prices in the region, according to Reuters.
"It is not possible for Austria to have a price of EUR 154 [per MWh] and the neighbouring interconnected market in Hungary to have a price of EUR 238. Something is wrong, and the EU should see this and intervene," a Greek government official told Kathimerini last week according to Economica.net, revealing that the Greek government is taking steps to form a "Balkan front" together with the governments of Bulgaria and Romania.
