Mitsotakis hails end of EU economic surveillance

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Greek Prime Minister Kyriakos Mitsotakis has welcomed the European Commission’s decision to remove Greece from its list of countries with macroeconomic imbalances, declaring it marks “the official end of all surveillance” and the closure of a chapter that began during the country’s financial crisis.

In a social media post, Mitsotakis said the development “closes a negative chapter that began 16 years ago, with our country fully restoring normality to its economy,” noting it comes at a time when “10 other member states are being placed under surveillance due to excessive deficits.”

The Prime Minister said the achievement was the result of sustained efforts by both citizens and the state.

“This development did not come about by chance. On the contrary, it reflects the hard work of citizens and the state,” he said.

“It is not merely a technical observation, but the foundation upon which a better life is built. It allows surpluses to translate into higher wages and pensions, reforms to create new jobs, public debt to decline, freeing the younger generation from old burdens, and collective growth to gradually transform into individual prosperity.”

Mitsotakis added that Greece is now leaving behind “the painful chapter that began with the outbreak of the crisis,” describing the decision as the official end of all economic surveillance.

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