Greece PM says won't accept strict EU conditions on Covid-19 aid: FT

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Greece PM says won't accept strict EU conditions on Covid-19 aid: FT
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[BENGALURU] Greece will not accept strict European Union conditions on the use of the coronavirus emergency aid, Prime Minister Kyriakos Mitsotakis told the Financial Times (FT) newspaper in an interview published on Sunday. Read more at The Business Times.

Greece will not accept strict European Union conditions on the use of the coronavirus emergency aid, Prime Minister Kyriakos Mitsotakis told the Financial Times newspaper in an interview published on Sunday.[BENGALURU] Greece will not accept strict European Union conditions on the use of the coronavirus emergency aid, Prime Minister Kyriakos Mitsotakis told the"Greeks have matured a lot. And we want to do our own reforms," he was quoted as saying.

A six-monthly review of economic performance carried out by the European Commission was sufficient and that there was no need for any"additional strict conditionality", he said. The prime minister told the FT that Greece had a very"aggressive reform agenda" that would focus on"the green transition","the digital transition" and encouragements to investments in part through a privatisation programme.

On Friday, while speaking in Parliament, he announced new measures worth 3.50 billion euros to support businesses hurt by a lockdown imposed to contain the spread of the coronavirus outbreak.

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