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Prime Minister Mitsotakis' statements after the end of the Summit in Brussels

Featured Prime Minister Mitsotakis' statements after the end of the Summit in Brussels

Prime Minister Kyriakos Mitsotakis, at a press conference following the end of the European Union summit in Brussels, was asked about the "bridge" loan agreed upon by the European Council to secure Ukraine’s financing for the next two years and the budgetary implications of this solution.

"A very extensive discussion that examined both EU proposals for financing Ukraine was held," Mitsotakis noted and added:
"I believe that the solution that was chosen, namely a loan from the European budget margin, which means that it has no practical budgetary consequences for any European country, was the appropriate solution taking into account the complexity and legal difficulties of the project to use frozen Russian funds at this time, a possibility that was not ruled out in the conclusions we agreed on but which still needs more time to be processed if we reach this solution."

"In any case, the message sent by the European Council is that Ukraine can cover its financial needs for the immediate future and that Europe is standing by Ukraine in practice by using, as I said, the European budget margin, without any practical budgetary consequences for the Member States."

Mitsotakis also referred to his visit to Ramallah on Monday as part of the trilateral meeting of Greece - Cyprus - Israel, but obviously also Jerusalem. Greece is a country that traditionally maintains a strategic relationship with Israel, but also excellent relations with the Palestinian Authority, so we will be given the opportunity to discuss how we will move from the phase of the first long-awaited ceasefire to the next stages of the plan, as at least this has been agreed upon by all those involved, and to explore the role that Greece can play in this direction. In any case, I want to reiterate that the trilateral Greece-Cyprus-Israel scheme brings together countries that are, I would say, factors and pillars of stability in the wider Eastern Mediterranean region, and I believe that the discussions that will take place at this point, taking into account what has happened in Gaza in recent years, will be extremely important.

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