AKTOR’s Exarchos: EU Must Issue Eurobonds to Face Energy Crisis

AKTOR’s Exarchos: EU Must Issue Eurobonds to Face Energy Crisis

The European Union will be forced to take collective action, including issuing eurobonds or launching a new recovery fund, to confront an impending energy crisis and a deteriorating macroeconomic environment, AKTOR Group CEO Alexandros Exarchos has said. Speaking at the 6th Thessaloniki Metropolitan Summit, Mr. Exarchos warned that natural gas prices in Europe could surge to €110 per megawatt hour, up from his earlier forecast of €85, as rising interest rates and inflation threaten to derail ...

By ANTHEE CARASSAVA