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Europe, land of cazzari: Greece wants to break away from Russian gas with Diesel plants .. which is running out

Once culture had one of its centers in Europe, mainly thanks to the specificities of nation states. Then, for reasons that historians will explain one day, from a land of scientists, poets, rulers and economists, it became a land of cazzari.

We could start from the Draghi Scholz phone call , the one in which it was decided to keep the sanctioning system against Russia " because it is proving to be quite effective in weakening Putin's country economically ", without realizing that the Eurozone trade deficit is growing (due to skyrocketing energy costs, not compensated by exports) and the Russian surplus is growing, for now (pending shopping, and being bought by the Chinese). A phone call between two energetically impotent who will have given his satisfaction to the others. But choosing this theme would have been too easy.

So let's take into consideration Greece, which, having had its backbones broken by the Euro, has entrusted itself to the Christian Democratic government of New Democracy. Faced with uncertainties about Russian gas supplies, they decided to take a step forward and rely … on Diesel. Let's see what Energy Minister Costas Skrekas said :

The next payment is around April 20, but we can't wait until then to see what happens, ”Skrekas said. According to its contingency plan, Greece, which uses gas primarily for power generation, would obtain additional quantities of liquefied gas and convert four gas-fired power plants into diesel . It could also drive gas purchases to zero. It is also possible to activate the coal-fired reserve generation capacity. "With all this, and if there are quantities of gas available on world markets, … there will be no time limit in terms of security of supply" ,
Brilliant. there is no gas, we go on diesel, as if to say, there is no bread, give him Brioches. Too bad that Diesel has seen a powerful increase in prices since the beginning of the year and is heading towards a severe crisis of availability, due to the refining limits of the plants, with fuel levels already at their lowest and prices that are preparing to explode, such as already said both by international operators and here in Economic Scenarios . So Skrekas, having no energy bread, prepares to give the Brioches, as if they were more available. When the price shock comes on the diesel too, it will probably make the engines run on gas again.
This is the quality of the current European ruling class.

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The article Europe, land of cazzari: Greece wants to break away from Russian gas with Diesel plants .. which is running out comes from ScenariEconomici.it .


This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/europa-terra-di-cazzari-la-grecia-vuole-staccarsi-dal-gas-russo-con-le-centrali-diesel-che-sta-esaurendosi/ on Fri, 01 Apr 2022 12:31:10 +0000.