Mitsotakis: We are not going anywhere with these energy prices

We need to invest more in networks, the Prime Minister said, commenting on the imported energy crisis. On support measures: "At the limits of fiscal possibilities, everything we do."

Mitsotakis: We are not going anywhere with these energy prices

This article is an AI translation of an original piece published in Greek. Read original

The prime minister commented on the looming energy crisis while speaking at a conference organized by The Economist and powergame.gr in Chania. “We’re not going anywhere with these energy prices. We need to invest more in the grids, Kyriakos Mitsotakis emphasized . 

“The crisis of the cost of living is real; we must acknowledge it and focus on it, but the solution is not to make promises we cannot keep. Whatever we do must be done within the limits of our fiscal capabilities,he added. 

As the prime minister said, Greece“struggled under the supervision regime for a decade; there was no political consensus. This government has strong legitimacy; it has been elected twice. We have fulfilled most of our commitments; in our second term, we are striving to support incomes—the minimum wage has reached 950 euros, and the average wage exceeds 1,500 euros. The big issue for Europe is growth; we are preparing for a third term with public and private investments. The past few years have been demanding in terms of post-crisis recovery. Emphasis was placed on restoring macroeconomic stability to achieve primary surpluses that support policies of great importance to us.”

Greeks, Mr. Mitsotakis noted,“are returning from abroad; there are good jobs available. However, there are many who are struggling. Everything we do must be within the framework of our fiscal capabilities. The big issue for Europe is growth; we are preparing for a third term with public and private investments. With a state that will play a role in creating the conditions for investments to thrive.”

Commenting on the new parties, he emphasized: “We have experimented with populism in the past. Now we are experimenting with populism and rebranding.”

 

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