Greece unfaithful to the EU
The new Greek Minister of Energy, Panagiotis Lafazanis, declares to be in opposition with the EU’s decision of embargo against the Russian Federation. Let’s see why in the article below.
The new Greek Minister of Energy, Panagiotis Lafazanis, declares to be in opposition with the EU’s decision of embargo against the Russian Federation. As the Greek Minister said “the decisions related to the Russian Federation are taken following the interests of some EU country only, but Greece does not accept decisions not taken by EU institutions”. In his opinion, the EU strategies must be changed to follow the interests of all the EU member countries. An embargo will have negative consequences on agriculture and on the economy of the country.
On the other side, the EU Parliament President, Martin Schulz, today in Athens, said during an interview that he was disappointed by the words of the Greek Minister, attesting that Greece asked solidarity for the country first, through Tsipras, then separates from the EU vision.
Reuters reported that the EU is evaluating new restrictions on both the access of the capital market and the technology exportations towards Russia. At the same time, the German Chamber of Commerce foresees a further reduction of 15% for the exportations towards the Russian Federation, especially those concerning the automotive and engineering sectors. This means approximately 4 billion Euro of loss.
Italy lost more than 1,25 billion Euro in 2014 in exportations towards Russia, over the effect of the embargo and the political tensions among the countries.