Prudent fiscal positions and sustainable growth are key pillars of the Union’s fiscal strategy. Greece has clearly conformed and in fact surpassed related expectations.

The strides Greece has made under the Mitsotakis Government, despite COVID and the War in Ukraine, are nothing short of exceptional.

Under Mitsotakis’ leadership, Greece has witnessed unprecedented growth, with the economy expanding by 5.9% in 2022, and a further 1.2% is expected for 2023.

Over the last three years, Greece has consistently outperformed expectations.

Under the Mitsotakis government, Greece has achieved:

• The lowest levels of unemployment since 2010.

• Consecutive records in export growth and inflows of FDI in 2021 and 2022.

• Exited the EU’s enhanced surveillance framework after 12 years.

Prudent fiscal management has seen Greece repay IMF debt two years ahead of schedule. Since 2021, our public debt to GDP ratio has entered a fast-declining path, which continues unabated. In January 2023, Greece recorded a surplus of 1.47 billion euros – a staggering 500 million euros over the target.

No wonder the FT has touted Greece as “one of the seven economic wonders of the world”.

The Mitsotakis government’s commitment to securing Greece’s long-term economic growth and prosperity is unwavering. The results show this.