Greek Prime Minister Kyriakos Mitsotakis has indicated that the European Commission is open to considering Greece’s request for temporary fiscal flexibility to combat the rising energy costs affecting the nation. Despite this receptiveness, Mitsotakis warned against expecting substantial financial relief measures from the European Union.
During a meeting of EU leaders in Brussels, Mitsotakis stressed the importance of maintaining Greece’s fiscal discipline, highlighting the progress made since the country’s financial crisis. He made it clear that his government would not engage in large-scale spending measures primarily aimed at gaining political favor.
The Greek government has already implemented subsidies designed to mitigate the impact of increasing energy prices and the higher cost of living, which continue to be pressing issues for many households. Mitsotakis is seeking additional leeway to introduce specific, temporary support measures while staying within the country’s financial constraints.
Mitsotakis emphasized Greece’s commitment to tackling the energy crisis within its means, while also seeking further assistance from European institutions to provide the necessary support. These measures are intended to alleviate the burden on households without compromising the country’s fiscal stability.