The CEO of TopFX Group, Alex Katsaros, explains how a CFD works, talks about the "king" of investment products and the differences between institutional and retail investors. At the same time, he...
"A cap at 275 euros is not in essence a cap," Environment and Energy Minister Kostas Skrekas said on Thursday upon his arrival at the Council of Ministers meeting in Brussels, pointing out that a ceiling between "150 euros and 200 euros is a realistic ceiling."
Skrekas added that "the energy crisis is shocking. For households and businesses. That's why we have to do something. We cannot stand by and do nothing. Soaring prices threaten European households and businesses. We waste valuable time without results. We need to protect European households and Europe's credibility and that is what we will try to do in today's Council."
Asked what the Commission should have proposed, the Minister of Environment and Energy noted that "a corrective mechanism must be more realistic, because even in August, when we suffered from the skyrocketing natural gas prices, this corrective mechanism could not be applied. Surely it must be different and reasonable. It must be the one that will help us lower gas prices. Because right now this is a big issue. The big issue Europe has is that we buy the most expensive natural gas in the world."
"We have to react as soon as possible. We can't keep wasting time," said Skrekas, adding that "the solidarity mechanism must go together and be connected with the corrective mechanism."