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 soaring energy costs, though he cautioned against expecting substantial financial relief from the European Union. Speaking after a summit in Brussels, Mitsotakis emphasized the necessity of maintaining fiscal discipline to preserve the progress Greece has made since its financial crisis.
The Greek government has already implemented subsidies to alleviate the impact of rising energy prices and the overall cost of living, which continue to be significant concerns for Greek households. While Mitsotakis is seeking additional leeway to introduce more targeted and temporary support measures, he ruled out any large-scale spending initiatives aimed primarily at gaining political favor.
Mitsotakis reaffirmed that Greece will continue to address the energy crisis through measures within its financial capabilities. He stressed the importance of seeking increased flexibility from European institutions to provide further assistance when necessary, without compromising the country’s financial stability.
The discussions in Brussels underscore the challenges faced by EU member states in balancing fiscal responsibility with the need to provide immediate relief to citizens affected by the energy crisis. Mitsotakis’s approach reflects a commitment to prudent financial management while navigating the pressures of rising costs and economic uncertainty.