Greek Prime Minister Kyriakos Mitsotakis has indicated that while the European Commission is open to Greece’s proposals for temporary fiscal flexibility to combat rising energy costs, significant financial relief from the European Union should not be anticipated. Speaking after a meeting of EU leaders in Brussels, Mitsotakis stressed that Greece would continue to uphold fiscal discipline while attempting to address the energy crisis within its financial constraints.
Mitsotakis reiterated his government’s commitment to maintaining the fiscal progress achieved since Greece’s financial crisis, emphasizing that large-scale spending aimed at gaining political favor would not be on the agenda. Instead, the focus would be on targeted and temporary measures to alleviate the burden of increased energy prices on Greek households.
The Greek government has already introduced subsidies to help manage the rising cost of living, a key concern for many citizens. Mitsotakis is advocating for more leeway from European institutions to extend support measures that remain within the country’s budgetary limits.
Despite the challenging economic environment, Mitsotakis is adamant that Greece will continue to manage the energy crisis with measures it can afford, while simultaneously negotiating for greater flexibility from the EU for potential additional support. This balance aims to sustain Greece’s financial health while providing much-needed relief to those affected by the energy price surge.