A New Impetus for Gas in the Eastern Mediterranean?
The war in Ukraine has upended Europe’s energy security. Continuing to rely on Russian energy is no longer tolerable, even if the relationship cannot be severed overnight.
The war in Ukraine has upended Europe’s energy security. Continuing to rely on Russian energy is no longer tolerable, even if the relationship cannot be severed overnight.
The Republic of Cyprus’ finance minister, Constantinos Petrides, said on Friday that he is indeed concerned about the rising prices of grain and energy and the possibility of “stagflation,” but excluded the possibility of the Cypriot economy slipping into recession.