The work of the Summit of the nine Mediterranean EU Member States (EUMED9), taking place today in Alicante, Spain, will be attended by the President of the Republic, Nicos Anastasiades.
The Summit will focus primarily on the energy and economic challenges facing the EU today and will also be attended by the leaders of Greece, France, Italy, Portugal, Malta, Croatia and Slovenia, in addition to the host Prime Minister of Spain.
As Government Spokesman Marios Pelicanos said in a written statement, the Summit will seek ways to coordinate the EU's Mediterranean partners[/B] in order to ensure a strong European response to the invitations, counting Mediterranean interests in the equation.
Mr. Pelecanos pointed out in a written statement that among the main items on the agenda were the role of the Mediterranean for the Future of Europe, the EU's strategic autonomy with a focus on the energy sector and the future of the EU's economic governance.[/I]
The exchange on the EU's strategic energy autonomy will focus on the measures being taken which could address the rapidly rising price of energy and electricity, both at EU and national level. Also ongoing efforts towards energy decoupling from Russia and finding alternative sources of supply for the EU, including the prospects of the Eastern Mediterranean corridor and electricity interconnections, through which renewable energy sources, but also other types of green energy, such as hydrogen, can be exploited.
In relation to the thematic section under the title "Economic Framework", the future of the EU's economic governance will be discussed in the light of the high inflation rates and more generally the economic pressures faced by EU Member States, and solutions will be sought at European level in the field of fiscal policy. Pelecanos.
The Summit is expected to conclude shortly after 9pm (Cyprus time) and will be immediately followed by the leaders' statements to the media.
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