Eurogroup Head Says Energy Union Vital for EU Competition
Eurogroup chief Kyriakos Pierrakakis says a unified energy market is vital to lower prices and compete globally. This reform is a prerequisite for other goals.
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The establishment of a European energy union is a fundamental prerequisite for the European Union's broader economic reforms aimed at maintaining global competitiveness against the United States and China. Kyriakos Pierrakakis, the chairman of the Eurogroup, delivered this message during the International Monetary Fund and World Bank spring meetings in Washington on Thursday.
