Greece’s debt crisis threatened to turn into an energy crunch, with the power regulator calling an emergency meeting this week to avert a collapse of the country’s electricity and natural gas system.
Regulator RAE called the emergency meeting on 1 June after receiving a letter from Greece’s natural gas company DEPA, dated 31 May, threatening to cut supplies to electricity producers if they failed to settle their arrears with the company.

An energy crisis would add to the debt-stricken country’s political and financial strains, threatening households and businesses with power cuts ahead of a 17 June election which may decide if the country will stay within the euro.