00:00I am very glad to be here in Armenia. It's the 8th EPC. And we will discuss mainly the topic
00:09of an independent Europe. We have to reduce our over-dependencies in specifically three areas.
00:16The first is energy. We are too much over-dependent on imported fossil fuels and therefore always dependent on volatile
00:25global markets. We have to increase our assets at home in Europe. And these are the renewable energies and nuclear
00:34energy because they are homegrown, they are cheaper and they are reliable.
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