Greek Prime Minister Kyriakos Mitsotakis is expected to announce state reforms and relief measures in a keynote speech on Saturday, days after a devastating rainstorm killed at least 17 people, sources said.
The conservative premier, who was re-elected in June, had postponed his annual speech on economic policy by a week to Sept. 16 due to the impact of, Greece's most intense since records began in 1930, after a summer of devastating wildfires.
In his speech at 1700 GMT Mitsotakis will refer to the challenges the country faces due to climate change, a government source said, and will outline, with funding from the state budget and the European Union, for the people and sectors hit by storm Daniel. "We still have a state which, despite the reforms, does not correspond to current needs. So we need to make more changes," one of the officials said, adding that fiscal prudence was necessary due to the relief measures for Thessaly.
Mitsotakis is also expected to refer to the country having earlier this month regained an investment grade credit rating after 13 years, which could open the way for more investment and capital inflows.
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