Greece Seeks EU Fiscal Flexibility to Combat Rising Energy Costs
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Greek Prime Minister Kyriakos Mitsotakis has urged the European Commission to grant EU member states greater fiscal flexibility to help households and businesses cope with soaring energy costs. In a letter to Commission President Ursula von der Leyen, Mitsotakis proposed exempting temporary energy cost measures from fiscal calculations and using additional VAT revenues to support citizens. This comes as governments across the EU face pressure to provide more relief to citizens struggling with high energy bills.
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