The war in Ukraine sounds the alarm for the EU to take exceptional measures in the energy sector, said Director General for Development Theodosis Tsiolas, speaking at the OEB conference entitled "Energy transition - Are we ready to face the challenges?" in his intervention on "Green Economy - Sufficiency of Green Investments".
Tsiolas said that the price will be high and the consequences will hit consumers and industries, considering the EU's heavy dependence on Russian gas and oil.
(CNA)
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