PM Mitsotakis from Budapest: 'Urgent Need for Boost in EU Competitiveness'
Greek Prime Minister Kyriakos Mitsotakis, said Donald Trump's election in the United States emphasized the urgent need to bolster European competitiveness, speaking from Budapest during an informal European Council summit, Friday evening. Mitsotakis remarked on the discussions held with former European Central Bank chief Mario Draghi emphasizing the significance of moving from rhetoric to action. Mitsotakis said that European economic issues need more robust and decisive approaches than previously implemented. Innovation and Productivity Addressing the council, Mitsotakis pointed to challenges in innovation and productivity, observing that Europe still lags behind in fostering new, innovative businesses. Energy Challenges On the pressing issue of energy competitiveness, another focal point of his comments, Mitsotakis noted, "It is widely recognized that Europe faces a significant competitiveness issue in the energy sector, despite...
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