Message of stability with veiled criticism of Tsipras – Bundesbank praises Greece’s reforms
Greek Prime Minister Kyriakos Mitsotakis delivered a strong message on political stability and economic responsibility at the annual meeting of the Hellenic Federation of Enterprises (SEV), warning that Greece must never again face “adventures born of illusions and lies.”
Referring to the crisis of 2015, Mitsotakis noted that Greece, once a “pariah” in financial markets, now borrows at lower rates than major European economies, thanks to restored credibility and domestic stability. He stressed that economic growth cannot exist without political stability, pointing to the resurgence of populism in Europe as a serious threat.
Addressing the return of Alexis Tsipras, Mitsotakis warned against the “illusions of simplistic solutions” and “false promises of unfunded benefits.”
“We have a national duty never to relive the turmoil caused by illusions and lies,” he declared.
The Prime Minister outlined three pillars for sustained prosperity: strong governance, investment in people, and ongoing reforms. He urged Greek businesses to reinvest profits, embrace innovation, and strengthen collective progress.
Reaffirming his vision, Mitsotakis stated that his government’s plan aims to make Greece a place “where people want to live, study, and work — where the next generation can live better than the last.”
The event also featured high praise from Bundesbank President Joachim Nagel, who described Greece’s economic transformation as “remarkable.” Nagel commended the country’s debt reduction, economic growth, and persistent primary surpluses, as well as the significant drop in unemployment.