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Tsipras calls for revision of EU Stability Pact in contacts on sidelines of PES meetings

The need to revise the EU Stability Pact was at the forefront of issues discussed by SYRIZA-Progressive Alliance leader Alexis Tsipras in contacts he had on the sidelines of the Party of European Socialists (PES) Council at the European Parliament he participated in as an observer on Thursday.

Tsipras met with European Commissioner for Economy Paolo Gentiloni, head of the Democratic Party of Italy Enrico Letta, the head of the Socialists and Democrats in the Europarliament Iratxe Garcia Perez, and other European officials. Earlier he had met with new German Chancellor Olaf Scholz, Prime Minister of Portugal Antonio Costa and the Prime Minister of Spain Pedro Sanchez.

According to party sources, Costa invited Tsipras to visit Portugal and support his campaign ahead of the ahead of the general election in January 2023.

The Greek main opposition leader called for support of public health and the economy, and said the EU Stability Act should be revised along four lines, involving criteria for debts and deficits; exception of public investments from deficit calculations; a mechanism to guarantee balance in the EU among north and south; and turning the Recovery Fund into a permanent crisis prevention mechanism.


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