Kyriakos Mitstoakis

Prime Minister Kyriakos Mitstoakis has said that Greece wants to help traditional ally Armenia shift alliances westward, arguing that improved ties with the European Union would boost stability in the troubled Caucasus region.

Prime Minister Kyriakos Mitstoakis signaled his intention on Wednesday to start delivering the measures to reduce tax evasion before proceeding with promised tax cuts.

The move is a signal at home for tax compliance, but also to markets that the government is proceeding with fiscal caution.