Greek Prime Minister Kyriakos Mitsotakis has indicated that the European Commission is open to considering Greece’s call for temporary fiscal flexibility to address the surging energy costs impacting the country. Despite this potential support, Mitsotakis warned that substantial financial relief measures from the European Union should not be anticipated.
In remarks following an EU leaders’ meeting in Brussels, Mitsotakis stressed the importance of maintaining fiscal discipline to preserve the economic progress Greece has made since its financial crisis. He dismissed the idea of implementing large-scale spending programs intended mainly to win political favor.
The Greek government has already introduced subsidies aimed at reducing the impact of rising energy prices and the associated cost of living. These issues continue to be major concerns for Greek households. Mitsotakis is seeking additional flexibility to implement targeted and temporary support within the confines of the country’s financial capabilities.
Mitsotakis emphasized that Greece would persist in tackling the energy crisis through measures it can afford, while simultaneously seeking greater leeway from European institutions to offer further assistance where possible. This approach reflects Greece’s commitment to responsible financial management while addressing immediate economic challenges.