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K. Pierrakakis: An Energy Union Would Reduce Costs for Businesses and Households

Summary by Naftemporiki
"If we had a single Energy Union, with more storage, more interconnections and more investment in networks, the cost for businesses and households would be reduced," said the Minister of National Economy and… K. Pierrakakis: An Energy Union would reduce the cost for businesses and households - I NAFTEMPORIKI
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“If we had a single Energy Union, with more storage, more interconnections and more investment in networks, the costs for businesses and households would be reduced,” said Minister of National Economy and Finance and President of the Eurogroup Kyriakos Pierrakakis, in the discussion with internationally recognized author Giuliano da Empoli, on the topic: “Europe in the Age of Power: […]

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In a discussion with author Giuliano da Empoli at an ELIAMEP event, Kyriakos Pierrakakis underlined that a unified Energy Union with storage, interconnections and investments in networks would reduce costs for businesses and households. At the same time, he stressed the need for smart regulation of Artificial Intelligence, European technological sovereignty and the unification of capital markets, noting that political forces must produce tangibl…

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The minister said that "populists identify problems, but are unable to provide solutions. The Center cannot defend the status quo. It must provide solutions and speak the language of TikTok."

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MR. Pierrakakis stressed that a single Energy Union with investments in storage, interconnections and networks would reduce energy costs, while stressing that the Center must offer solutions and regulate Artificial Intelligence.

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"If we had a single Energy Union, with more storage, more interconnections and more investment in networks, the cost for businesses and households would be reduced," said the Minister of National Economy and… K. Pierrakakis: An Energy Union would reduce the cost for businesses and households - I NAFTEMPORIKI

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Naftemporiki broke the news on Thursday, October 22, 2026.
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