“Greece is giving lessons in fiscal policy”: Italian newspaper praises Kyriakos Mitsotakis’ strategy

The nonfiction highlights that successful Greece, the nationalist finances are connected a much affirmative trajectory than expected, indebtedness is decreasing, and measures are being taken to enactment households, acknowledgment to the strategy implemented by Prime Minister Kyriakos Mitsotakis.

It besides adds that “the President of the Eurogroup and Greek Finance Minister, Kyriakos Pierrakakis, had bully news,” due to the fact that “Greece’s nationalist finances are performing overmuch amended than forecasts.”

The Rome-based paper reports that for 2025, Greece had acceptable a people surplus of 0.6%, but information from the Hellenic Statistical Authority and Eurostat confirmed that the fig reached 1.7%.

“Fiscal information allowed Prime Minister Kyriakos Mitsotakis to denote yesterday a bundle of economical enactment measures worthy €500 million, without undermining fiscal balance,” writes Il Foglio. According to the report, aft the economical crisis, Greece has “gradually returned to normality, pursuing policies of fiscal discipline, aiming to regain credibility successful planetary markets and guarantee economical growth.”

Il Foglio besides stresses that Greece is 1 of 5 European countries with a fiscal surplus and has achieved better-than-expected results implicit the past 4 years. It notes that GDP is increasing by 2% and adds that nationalist debt, which past twelvemonth fell by 8 percent points to 146%, is expected—according to IMF projections—to diminution by different 8 to 9 points this year, reaching a level little than Italy’s.

Finally, the Rome paper concludes its notation to Greece by recalling Prime Minister Kyriakos Mitsotakis’ connection that this result is the effect of cautious fiscal policy.