Greece’s PM Mitsotakis Confirms General Election on May 21
- Move is constitutional formality needed to dissolve parliament
- Announcement was made with parliament closed for Easter break
Kyriakos Mitsotakis
Photographer: Yorgos Karahalis/BloombergThis article is for subscribers only.
Greece’s Prime Minister Kyriakos Mitsotakis confirmed a general vote on May 21, completing the formal process to call for an election that will take place in the aftermath of a deadly train crash which has shaken the country.
The country is today very close to recovering its investment grade, a development that will mean lower borrowing costs for the state, businesses and households, the premier said Saturday. “This national goal, combined with the need for a strong representation of the country internationally, impose political stability over a four-year horizon,” Mitsotakis said.