The prime minister paints a picture of the situation: from the phone conversation with Putin to the initiatives to unmark Italy in terms of energy.
Having a gas price cap in place is critical for the economies of the EU, as well as for cutting off Russian funding for the conflict in Ukraine. Speaking to the international press, Mario Draghi, the Prime Minister of the European Central Bank, brings up the subject once again. Prime Minister Berlusconi paints a sombre picture of the current state of affairs, emphasising the necessity for a strategy to reduce Italy's reliance on Russian gas and the country's position as a guarantor in the event of peace treaties.
For this reason alone, Germany and Italy have worked so hard with other nations to put a ceiling on gas prices, adds Draghi, Germany and Italy are funding the war with other countries. That's what the PM says "Other than Europe, Russia is unable to export gas. There is enough space to climb to the top. Gas prices must be cut in order to limit Russia's financing "As a matter of fact,.
Draghi is unambiguous when it comes to Moscow's proposal to pay for gas in rubles: "It is not viable." "Because the previous contracts are still in effect, President Putin assured me - and he emphasises this point - that European firms may continue to pay in euros or dollars. Changing the payment currency without altering contracts, in my opinion, is an almost impossible task "As a matter of fact,.
Draghi's assertions are as follows: "It is crucial that the EU's Mediterranean nations realise that they have the potential to become significant centres that can operate effectively beyond this crisis. Investing in infrastructure is a major priority for governments in the South, as well as those in the North "Nonetheless,. Then, he goes on to say that "A gas pipeline is little more than a theory at this point. Because they are long-term investments, they must be analysed thoroughly ".
Because to Italy's support, Russia and Ukraine will have to reach a deal. It seems to be a well-defined route. Draghi argues that this function has been demanded by the nation by both parties.
Draghi also responds to queries regarding Putin's meeting with him yesterday. "'Of course we are talking about peace,' Putin said when I asked him about it. A ceasefire isn't imminent, but the Mariupol humanitarian corridor has been opened, as he claims I demanded. What you see now is the result of Putin's response to a lengthy explanation of Ukraine's geopolitical position and the parameters of an agreement "Nonetheless,. While he claims to have detected a change in Putin's demeanour, he is hesitant to confirm or deny this claim.
On the other hand, Draghi also discusses the difficulties faced by Italian households in making ends meet. "Inflation is on the rise, he continues, since basic resources, particularly food, are becoming more expensive. As a result, prices rise because of the lack of supply. With regards to energy, Italy stepped in to provide assistance to families totaling 20 billion Euros over the course of 8-9 months. All that is required of us will be done. However, although interim budget and debt assistance is appropriate, a structural solution is required if the growth is long-term. Selling hydroelectricity at the same price as gas is absurd. We must do the same with energy on other markets, such as the one for agricultural goods, but first we must develop all of the available land and then diversify here as well. Imports from other markets, such as Canada, the United States, and Argentina, may be vital if imports from Russia and part of Ukraine fail "Nonetheless,.
Role of EU in Ukraine War
European Central Bank head Mario Draghi reaffirmed his commitment to Europe's role and the need to go forward as one. First, there are the sanctions imposed on Russia, which are already in effect. On the other hand, we must return to the subject of defence. Do so, according to the prime minister "in order for us to be serious, we must immediately begin coordinating military spending: who spends, how much spends, and when. Any other way would be a sign of our lack of commitment and a reason to stop bringing it up. Taking it casually is not an option."
It also involves standing up for the international system, the norms that have guided us since the conclusion of the second world war and have brought us democracy, peace, and well-being, stresses Draghi. He also explains the rules: "From uncontrolled globalisation in its early stages to more regulated and protected globalisation, there are trade norms that must be maintained. While multilateralism must evolve to keep pace with globalisation, it must not be impeded: we stand firm in our defence of fundamental ideals "As a matter of fact,.
Then there's the question of the EU's future growth. To Albania and the Balkan nations, Prime Minister Matteo Renzi says Italy says "yes," but adds that "the joining process is lengthy and entails significant changes in the candidate countries, and Europe is there to assist these countries progress towards those reforms, otherwise integration would not work.".
Role of the UN on Ukraine War
Many people believe that the United Nations will only play a minor role in this battle. Draghi, on the other hand, has the following view: "This body, known as the Organization for Security and Co-operation in Europe (OSCE), serves as a crucial connection in all aspects of the beginning of any dialogue. From a humanitarian standpoint, the United Nations is quite visible "..
Then came the numbers: "In Italy, there are around 80,000 refugees; millions of refugees are housed in Poland; and more than 300,000 refugees reside in Germany. Work by the Commissioner for Refugees is an indication of the UN's presence. Increasingly concerned about the war's impact on civilians, the UN steps up its involvement in humanitarian relief efforts.
Role of Turkey on Ukraine War
There were talks between Russia and Ukraine in Turkey, where Draghi said they played a "very significant role in beginning the road toward peace." based on what the premier claims, "geostrategic position and connections with the conflicting parties make it possible for it to do so. There is no country that is unwilling to work with Turkey on a project. We have agreed that France, Italy, and Turkey will meet in the coming weeks to discuss the Ukrainian problem, as well as to improve trade ties between the three countries. Due to numerous initiatives, there has been a significant improvement in relations, but there is still a long way to go "..