Mitsotakis confident Greece can regain investment grade within 2023

Greece supports the European Commission's proposal for a reformed EU economic governance framework in principle, Greek Prime Minister Kyriakos Mitsotakis said on Friday during a press conference after a European leaders' meeting in Brussels.

In response to questions, Mitsotakis said that this proposal recognizes the possibility of greater flexibility and a reasonable reduction of public debt and that most member-states appear to adopt this position. He also stressed that "faster progress is required" and said that Greece will not accept a return to the previous, strict rules.

According to Mitsotakis, the government has shown that Greece is capable of designing its own policies that reduce debt and don't undermine fiscal stability.

"I am certain that we can achieve the goal of regaining investment grade within 2023, provided our people place their trust in us...