Greece has proposed a multibillion-euro European fund partly financed by a gas levy on power producers to support households and businesses struggling with soaring energy costs and help Europe replace Russian gas, its energy ministry said on Tuesday.
To mitigate the impact of sky-rocketing gas and power prices on European consumers and industries following the war in Ukraine, the European Commission, so far, has proposed several emergency EU measures, including windfall profit levies on energy firms and cuts in electricity use.
