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GreeceBusinessHatzidakis reiterates Greece's request about defence spending at ECOFIN meeting

Hatzidakis reiterates Greece’s request about defence spending at ECOFIN meeting

Hellenic News of America
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Greek National Economy & Finance Minister Kostis Hatzidakis reiterated Greece’s standing request concerning defence spending during the ECOFIN Council meeting in Luxembourg on Tuesday.

Specifically, Greece’s stance on the matter is that the EU should not include Greece’s defence spending as part of the EU’s deficit calculation.

Some EU member countries, he noted, clearly differentiate themselves on this issue compared to others.

Hatzidakis also said the EU needs to find a balanced agreement that will ensure the restriction of deficits and public debt at European level without undermining economic growth with excessive and rigid restrictions.

ECOFIN’s meeting focused on the reform of the rules of economic governance and included a briefing on the implementation course of the Recovery and Resilience Fund.

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While in Luxembourg, the Greek minister also participated in Monday’s Eurogroup meeting, where members held a discussion with US Treasury Secretary Janet Yellen on the economic prospects between the US and the EU, the situation in Ukraine, and China’s relations with the West.

SOURCE; ANA-MPA

The copyrights for these articles are owned by the Hellenic News of America. They may not be redistributed without the permission of the owner. The opinions expressed by our authors do not necessarily reflect the opinions of the Hellenic News of America and its representatives.

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