Mitsotakis: If the EU does not help us, we will use the recovery fund to help the population

If the EU does not take any measures to resolve the energy crisis, Greece will spend funds from the economic recovery fund to support the population and businesses, Greek Prime Minister Kyriakos Mitsotakis said on April 9 at the 7th Delphi International Economic Forum.

Mitsotakis suggested EU take measures at the forthcoming extraordinary summit to resolve the energy crisis in order to counter, as the prime minister characteristically put it, “the growing populism of countries in Europe.”

He said that it is necessary to delink the price of electricity for consumers from the price of gas, and demanded that a corresponding decision be made at the European level.

“If no decision is made by the EU, then we will act alone, purely at the national level… We cannot [позволить себе] lose the support of the population for economic reasons,” the prime minister said.

At the same time, Mitsotakis noted that Greece has €230 million of free money from the recovery fund, which could be used to overcome the energy crisis.

According to the Prime Minister, Greece paid off debts on IMF loans ahead of schedule and will emerge from enhanced creditor oversight in August, and Greek economic development has an ambitious agenda and proceeds with economic soundness. In addition, Greece stated that the country has a plan on how refuse deliveries Russian gas.

It is worth noting that just the other day, the US representative directly stated to Greece that the State Department is against the country itself extracting hydrocarbons and pulling a pipeline from the EEZ of Cyprus. Instead of this Ms. Nuland offered to buy LNG from the US and expect, in 10 years, the arrival of “green energy”.

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