Greece urges EU to loosen fiscal rules as energy crisis deepens

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Greek Prime Minister Kyriakos Mitsotakis is calling on the European Commission to “take action” in giving national governments more fiscal room to shield households and businesses from a renewed energy-price shock, according to a letter seen by Euronews.

“We need more breathing room to protect our citizens and businesses (…) We must find the additional necessary flexibility within the Economic Governance Framework to allow Member States to take additional support measures (…) while safeguarding fiscal sustainability,” reads the letter dated 30 September.

Addressing Commission President Ursula von der Leyen and Eurogroup President Kyriakos Pierrakakis, Mitsotakis said that Europe’s latest energy crisis is lasting longer...

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