An initiative to create a united front of Greece, Italy and Portugal, in order to discuss a different model, without the extreme fiscal restrictions, has been undertaken, according to information, by Kyriakos Mitsotakis, on the sidelines of the Summit taking place in Brussels.

Kyriakos Mitsotakis took the initiative for a tripartite meeting tomorrow with Italian Prime Minister Giorgia Meloni and Portuguese Prime Minister Antonio Costa.

The aim is to put pressure on the rest of the European leaders in order to discuss new rules of economic governance at the global level and take decisions as soon as possible.

Greece, Italy and Portugal have been hit harder than other countries by the constraints of fiscal rules imposed by Brussels. The conditions, however, have changed, with a war developing in the center of Europe and the energy-inflationary crisis testing the economies, which also overturns the data set by the European Union regarding the fiscal policy followed by the countries – members.

In an intervention related to energy, the prime minister reportedly emphasized that now is the right time for more long-term planning and for the reform of the electricity market.

He emphasized that in order to take advantage of the advantages of Renewable Energy Sources, the networks – “the backbone of the energy transition”, as he described them – and the investment in them are crucial.