Recovery Fund and Turkish provocation on the agenda of EU Summit

Recovery Fund and Turkish provocation on the agenda of EU Summit

Prime Minister, Kyriakos Mitsotakis is going to Brussels today, in order to participate at the two-day Summit of the European Union.

Government spokesman Stelios Petsas described the summit as “critical”, pointing out that there must be an agreement on the Recovery Fund.

According to the government spokesman, the disagreements over the grant-loan ratio of the Recovery Fund have not yet been resolved and he appeared moderately optimistic about an agreement at the forthcoming Summit.

The Greek positions can be summarized in three axes: to preserve the aid proposed by the European Commission, maintain the proportion of grants and loans proposed by the Commission and to not have any additional special conditions for assistance through the Recovery Fund, except those already provided for in the Stability and Growth Pact.

Although the decisions regarding the European Economic Recovery Fund in the midst of a pandemic are at the center of the discussions, European leaders will also be called upon to respond to the issue of Turkish provocation.

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