Close Menu
    What's Hot

    AI Is Now Part of Coach and Kate Spade Designers’ Workflow

    February 6, 2026

    Bitcoin Logs $3.2B In Loss-Taking, Beats Luna And FTX-Era Shock

    February 6, 2026

    Michael Ovitz Praised Jeffrey Epstein and Planned Meetings Files Show

    February 6, 2026
    Facebook X (Twitter) Instagram
    Hot Paths
    • Home
    • News
    • Politics
    • Money
    • Personal Finance
    • Business
    • Economy
    • Investing
    • Markets
      • Stocks
      • Futures & Commodities
      • Crypto
      • Forex
    • Technology
    Facebook X (Twitter) Instagram
    Hot Paths
    Home»Business»Greek PM opens door to a shift on nuclear power
    Business

    Greek PM opens door to a shift on nuclear power

    Press RoomBy Press RoomJune 18, 2025No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Unlock the Editor’s Digest for free

    Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

    Greek Prime Minister Kyriakos Mitsotakis opened the door to a shift in policy that could see the country develop nuclear energy for the first time as part of its energy transition strategy.

    Mitsotakis said Greece “should be prepared to join the nuclear alliance”. Although he cautioned that no immediate steps were planned, he emphasised the importance of being “part of the conversation”.

    “This may come as a shock to some of those listening to us, given that Greece is a country that has no background or experience in nuclear energy,” he told the FT-Kathimerini Energy Transition summit in Athens. “But when I look at the overall energy developments, I see no way for the world to get to carbon neutrality without nuclear.”

    He also proposed nuclear energy for cutting emissions from shipping, where Greece is a global player. “This, of course, is a discussion that I’m very open to have with the shipping community, and to ensure that we create a common working group that is going to look at this technology at least as an option.”

    Nuclear energy has long been resisted in Greece, in large part as a result of the fallout from the 1986 Chornobyl disaster. The explosion at the Soviet-era nuclear plant caused significant radioactive contamination, which continues to be associated with severe health hazards in its population.

    Germany recently dropped its long-held opposition to nuclear power under the new government led by Chancellor Friedrich Merz, building on a rise in support for nuclear energy since gas prices soared following Russia’s full-scale invasion of Ukraine.

    Mitsotakis noted thar Greece had almost eliminated lignite coal from its energy supply, one of the most “insufficient and dirty” forms of energy, after making a deliberate policy choice since his government took office in 2019. Coal now accounts for just 5 per cent of electricity production, he said, and half of Greece’s power was renewable, drawn from its abundant solar and wind.

    “We’re slightly biased towards solar, so I would like to see more wind. Offshore wind is a big potential, and of course, we invest heavily in [energy] storage,” he added.

    Mitsotakis went further to urge the EU to take a strategic approach to energy and plan with a 10-to-15-year horizon, as well as addressing inequities in the electricity market that had driven up costs in Greece and Italy.

    Separately, Mitsotakis said he was “extremely concerned” about the escalation of the Israel-Iran conflict, where there “doesn’t seem to be a clear off ramp”.

    Recommended

    The adverse consequences of a war spilling over in the Middle East region for the global, economy, trade and shipping sectors were significant, he added, and could lead to even higher inflation. About 180 ships with Greek flags in the Gulf were being monitored, he said.

    But he ruled out Greece’s involvement in any escalation in military activity that might draw in the US and its allies, and added that the latest conflict should not distract from the calls for an immediate ceasefire in Gaza, where the situation remained “very worrying.”

    “Greece is not going to participate. I mean, this is not an operation that in any way, shape, or form affects Greece, and we have made that very clear. We continue to believe there is no military solution to this conflict.”

    Climate Capital

    Where climate change meets business, markets and politics. Explore the FT’s coverage here.

    Are you curious about the FT’s environmental sustainability commitments? Find out more about our science-based targets here

     

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Press Room

    Related Posts

    City fears mount that Budget will target banks to help fill £20bn fiscal hole

    August 29, 2025

    Renewable food is on the horizon

    August 28, 2025

    Bankers learn of firings via premature email to hand back their laptops

    August 28, 2025
    Leave A Reply Cancel Reply

    LATEST NEWS

    AI Is Now Part of Coach and Kate Spade Designers’ Workflow

    February 6, 2026

    Bitcoin Logs $3.2B In Loss-Taking, Beats Luna And FTX-Era Shock

    February 6, 2026

    Michael Ovitz Praised Jeffrey Epstein and Planned Meetings Files Show

    February 6, 2026

    Bitwise Files S-1 With SEC to Launch Uniswap-Focused ETF

    February 6, 2026
    POPULAR
    Business

    The Business of Formula One

    May 27, 2023
    Business

    Weddings and divorce: the scourge of investment returns

    May 27, 2023
    Business

    How F1 found a secret fuel to accelerate media rights growth

    May 27, 2023
    Advertisement
    Load WordPress Sites in as fast as 37ms!

    Archives

    • February 2026
    • January 2026
    • December 2025
    • November 2025
    • October 2025
    • September 2025
    • August 2025
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • May 2023

    Categories

    • Business
    • Crypto
    • Economy
    • Forex
    • Futures & Commodities
    • Investing
    • Market Data
    • Money
    • News
    • Personal Finance
    • Politics
    • Stocks
    • Technology

    Your source for the serious news. This demo is crafted specifically to exhibit the use of the theme as a news site. Visit our main page for more demos.

    We're social. Connect with us:

    Facebook X (Twitter) Instagram Pinterest YouTube

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Buy Now
    © 2026 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.