Greek Prime Minister Kyriakos Mitsotakis has indicated that the European Commission is open to considering Greece’s requests for more temporary fiscal flexibility to tackle rising energy costs. However, he also warned that significant financial relief measures from the European Union should not be anticipated.
Following a meeting of EU leaders in Brussels, Mitsotakis stated that his administration is committed to maintaining fiscal discipline while safeguarding the progress Greece has achieved since its financial crisis. He dismissed the possibility of implementing large-scale spending initiatives aimed primarily at gaining political favor.
The Greek government has already rolled out subsidies to help alleviate the impact of increasing energy prices and the cost of living, which are major concerns for Greek households. Mitsotakis is seeking additional leeway to introduce targeted and temporary support measures within Greece’s financial capabilities.
Mitsotakis emphasized that Greece will continue to address the energy crisis with measures it can afford, while also seeking more flexibility from European institutions to provide further assistance if necessary.