Greece Calls for Short-Term Intervention on Gas Pricing

Greece Calls for Short-Term Intervention on Gas Pricing

Assessment

Interactive Video

Business, Social Studies, Engineering

University

Hard

Created by

Wayground Content

FREE Resource

The video features a discussion with Prime Minister Mitchell Cat about a six-point plan addressing energy market issues in Europe. The plan includes proposals for market intervention to stabilize gas prices, considering the current market's failure to reflect supply and demand fundamentals. The discussion also covers the EU's potential use of emergency funds, the impact of energy price increases on citizens, and the need for both short-term solutions and long-term strategies to reduce reliance on Russian gas. Contingency plans for potential disruptions in gas supply are also discussed.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary goal of the six-point plan proposed by the Prime Minister of Greece?

To increase gas imports from Russia

To stabilize gas prices through market intervention

To reduce taxes on electricity

To promote coal usage

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the Prime Minister suggest about the EU's emergency fund?

It is insufficient for current needs

It has the capacity to bridge the energy crisis gap

It should be used to build new gas pipelines

It should be reserved for future pandemics

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why does the Prime Minister believe the gas market is not functioning properly?

Due to a decrease in gas supply

Because of excessive price fluctuations not linked to supply and demand

Because of increased competition from the US

Due to new environmental regulations

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Prime Minister's view on the EU's ability to handle both short-term and long-term energy issues?

The EU lacks the resources for long-term planning

The EU should ignore short-term issues

The EU can manage both simultaneously

The EU should focus only on short-term solutions

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the Prime Minister suggest about the current state of gas supply?

It has remained relatively steady

It is no longer available

It has increased dramatically

It has significantly decreased

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Prime Minister's stance on moving away from Russian gas?

It should be done immediately

It is not a realistic short-term solution

It is unnecessary

It should be the sole focus of the EU

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What contingency plans does Greece have in place regarding gas imports?

Relying solely on renewable energy

Upgrading LNG facilities

Increasing coal production

Building new nuclear plants