Prime Minister Kyriakos Mitsotakis expressed confidence that the European Union would revise the Stability Pact, giving member states more flexibility on the public investment front, in the second part of his interview with the Financial Times on the sidelines of his visit to London. .
Mr Mitsotakis said that despite the different approaches within the EU, “the Pact will change and incorporate the lessons of the pandemic and economic crisis” that has plagued the eurozone over the past decade.
“There will be a change in the framework and it will not work to our detriment. Any improvement will work in our favor,” the prime minister told the FT, in view of the intensive discussions on fiscal rules expected to take place within the European Union in the coming months. , especially after the new government is sworn in in Germany.
He stressed, however, that in any case, fiscal data in Greece is not a source of concern, adding that the country borrows from markets with historically low interest rates.
“Investors seem to feel safe in terms of the political situation. We are a stable one-party government with a strong majority and many chances to win the next elections,” Mitsotakis said.
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Source From: Capital
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