Eurogroup President Kyriakos Pierrakakis stated that Europe's fragmented banking market has become a strategic vulnerability, potentially undermining the continent's ability to finance its future.

Kyriakos Pierrakakis, Minister of Finance and President of the Eurogroup, stated that public trust in the new role of banks will only be established when people see direct benefits in their own pockets, emphasizing daily interactions, fees, and deposit returns.

Finance ministers at the Eurogroup meeting discussed the resilience of the Eurozone economy despite energy price shocks. The re-emergence of Eurobonds was also a topic of conversation.

Eurozone finance ministers have advised countries with high budget deficits to implement further reduction measures, ahead of the ECOFIN Council's decision on whether to launch an excessive deficit procedure against Bulgaria.

Eurogroup and ECOFIN meetings are taking place in Brussels, with Artificial Intelligence, digital finance, and Europe's technological sovereignty at the forefront of discussions.

Cyprus Finance Minister Makis Keravnos is traveling to Brussels to participate in Eurogroup and ECOFIN Council meetings, where EU finance ministers will discuss fiscal policy, digital finance, and artificial intelligence.

The President of the Eurogroup, K. Pierrakakis, emphasized the need for Europe to decisively strengthen its strategy in technology, artificial intelligence, and digital developments within the financial sector.

Kyriakos Pierrakakis, Greece's Minister of National Economy and Finance and President of the Eurogroup, is traveling to Brussels and France for a series of European meetings, including his first official meeting with the President of the European Parliament.

Greek Economy Minister and Eurogroup President Kyriakos Pierrakakis met with Hungary's new Prime Minister Péter Magyar and Finance Minister in Budapest, stating that a 'wind of change is blowing from Hungary'.

Tην ανθεκτικότητα της ευρωζώνης επεσήμανε ο πρόεδρος του Eurogroup Κυριάκος Πιερρακάκης, προσερχόμενος στη συνεδρίαση του Eurogroup στο Λουξεμβούργο. Πιερρακάκης: Δεν βρισκόμαστε σε περιβάλλον…

Στις Βρυξέλλες μεταβαίνει ο υπουργός Εθνικής Οικονομίας και Οικονομικών και πρόεδρος του Eurogroup Κυριάκος Πιερρακάκης, όπου θα έχει συναντήσεις με κορυφαίους διεθνείς και Ευρωπαίους αξιωματούχους…

The Eurogroup meeting on Thursday, June 11, in Luxembourg is expected to finalize decisions regarding a new European escape clause specifically for energy investments.

The informal Eurogroup meeting in Nicosia, chaired by Kyriakos Pierrakakis, focused on political assessment and coordination among eurozone countries regarding energy, housing, and the digital euro.

Kyriakos Pierrakakis stated that housing is a matter of social cohesion for Europe, arriving at an informal Eurogroup meeting in Nicosia, noting that the housing problem will be a key topic following a Greek initiative.

Lithuanian Finance Minister Kristupas Vaitiekūnas warned of one of the worst possible economic situations, citing high inflation risks exacerbated by the Middle East crisis, ahead of a Eurogroup meeting in Cyprus.

The European Commission has accepted the proposal by Yiannis Maniatis, Vice-President of the S&D Group and head of PASOK's Eurogroup, to create strategic reserves for fertilizers, validating his recent interventions.

The third episode of the SKAI documentary series "To the Thousandth" recounts the dramatic 2015 negotiations between the Tsipras government and institutions, highlighting a tense moment where a minister in the Eurogroup shouted "unbelievable" at Yanis Varoufakis.

Former Eurogroup President Jeroen Dijsselbloem's recent statements have reportedly vindicated Greece's past demands for debt restructuring and Eurobonds, prompting calls to defend the SYRIZA government's tenure.

Jeroen Dijsselbloem, former Eurogroup president, recounted his "explosive" first meeting with then-Greek Finance Minister Yanis Varoufakis in 2015, where he accused Varoufakis of "killing the troika."

Italy's Economy Minister Giancarlo Giorgetti has proposed to the Eurogroup that the EU clause on defense spending be extended to include measures addressing high energy costs.

The Eurogroup is discussing the economic repercussions stemming from the situation in the Strait of Hormuz, with Kyriakos Pierrakakis highlighting a state of uncertainty. The duration of the Middle East crisis is expected to influence the European response and targeted measures for citizens.

A meeting took place in Athens between Greek Finance Minister Kyriakos Pierrakakis and former Eurogroup president Jeroen Dijsselbloem, with Dijsselbloem expressing pride in Pierrakakis's role.

SYRIZA President Sokratis Famellos criticized the government's announced measures to cover the OPEKEPE scandal, calling them performative. He also stated that the Eurogroup president should assist the country rather than dictate terms.

New bookings for mass tourism in Greece, particularly for sun and sea holidays, are experiencing an 8-10% lag, attributed to the ongoing conflict in the Middle East and increased travel insecurity among potential visitors.

Eurogroup President Kyriakos Pierrakakis, upon arriving at the European Council in Brussels, emphasised that "the crisis in the Middle East and its consequences have already begun to affect the daily…

Greek Minister of Economy and Eurogroup President, Kyriakos Pierrakakis, stated in Larissa that the Greek economy remains resilient and is evolving despite international challenges and crises. He emphasized the interconnectedness of a strong economy and a strong Greece.

Eurogroup President Kyriakos Pierrakakis sent a letter to European Council President António Costa ahead of the March 19 Euro Summit, affirming the Eurozone's fundamental stability but acknowledging persistent uncertainty.

Eurogroup President and Economy Minister Kyriakos Pierrakakis has called for common decisions and coordinated action on critical economic issues, emphasizing the need for European action rather than 'asterisks' and national 'exceptions' in the face of the crisis.

“Instability in the Middle East and the ongoing war in Ukraine remind us how vulnerable energy markets are and how exposed our economies remain to external factors…”

The Eurogroup convened to discuss the Middle East crisis and its potential economic repercussions for EU member states, with Greek Minister Kyriakos Pierrakakis emphasizing the need to be prepared for prolonged instability.

Increases of up to €0.40 for gasoline and €0.60 for diesel – Energy costs are at the forefront of the Eurogroup meeting The post Fuel price rally: Unleaded could reach €2 per liter by the end of the…

Η κλιμάκωση της κρίσης στη Μέση Ανατολή επαναφέρει στο προσκήνιο έναν γνώριμο φόβο για την ευρωπαϊκή οικονομία: την επιστροφή των υψηλών τιμών ενέργειας.

A pan-European alert has been issued regarding energy costs, with the Greek economic team in full readiness for upcoming European decisions on oil and gas prices, expected to be discussed at the next Eurogroup meeting.

Η διάρκεια της σύγκρουσης στη Μέση Ανατολή δοκιμάζει για ακόμα μία φορά την παγκόσμια οικονομία. Συναγερμός σε Eurogroup και ΕΚΤ – Ο πόλεμος φουντώνει τον πληθωρισμό - Η ΝΑΥΤΕΜΠΟΡΙΚΗ

Pierrakakis emphasized the international role of the euro as a strategic response to Europe's economic challenges during Eurogroup and ECOFIN meetings in Brussels.

K. Pierrakakis, in an interview with the ECB Supervision Newsletter, emphasized the Eurogroup's role in shaping Europe's future prosperity and the critical need for a banking sector capable of financing a new growth model.

Eurozone finance ministers are grappling with their role, debating whether to limit their focus to the financial and monetary policy of the Eurozone or to expand into new areas.

Kyriakos Pierrakakis, following the Eurogroup meeting, stressed that while stability remains the foundation of the European economy, competitiveness will determine Europe's position in the world.

Eurogroup ministers have demonstrated a lack of agreement regarding Spain's proposal for the European Union to issue joint debt, a mechanism that would be voluntary for member states and aim to save on interest costs.

Kyriakos Pierrakakis, Greek National Economy and Finance Minister and Eurogroup president, endorsed the rollout of a digital euro by 2029. He called for an ambitious European strategy focused on technology and energy integration.

Kyriakos Pierrakakis, President of the Eurogroup and Greek Minister of National Economy and Finance, emphasized the need for European technological sovereignty, particularly in the field of Artificial Intelligence.

Greece's Minister Pierrakakis emphasized the need for Europe to strengthen its strategy in technology, artificial intelligence, and digital developments in the financial sector, integrating these issues into the core of Eurogroup discussions.

Kyriakos Pierrakakis, Greece's Minister of National Economy and Finance and President of the Eurogroup, is in Brussels for his first official meeting with European Parliament President Roberta Metsola.

The President of the Eurogroup, Pierrakakis, posted about his meeting with Peter Magyar in Budapest, noting that the Hungarian government's actions reflect its European path.

Pierrakakis, speaking from the Eurogroup, emphasized that investments in energy are crucial for Europe's competitiveness and security. He also stated that energy investments represent the most productive and effective form of social policy.

Portugal has activated the EU safeguard clause to accommodate energy expenses. Finance Minister Miranda Sarmento, present at the Eurogroup, also commented that the ECB's interest rate hike was 'not absolutely necessary'.

Στις Βρυξέλλες μεταβαίνει ο υπουργός Εθνικής Οικονομίας και Οικονομικών και πρόεδρος του Eurogroup Κυριάκος Πιερρακάκης, ο οποίος θα έχει συναντήσεις με κορυφαίους διεθνείς και ευρωπαϊκούς…

Kyriakos Pierrakakis, Greece's Minister of National Economy and Finance and President of the Eurogroup, stated that additional fiscal flexibility enables faster and necessary investments in the energy sector.

The Cyprus Securities and Exchange Commission has alerted regulated entities to strengthened anti-money laundering guidelines, following a sharp rise in suspicious transactions reported by the Financial Intelligence Unit.

The head of the Eurogroup has warned that the economic crisis is expected to worsen, stating that "June will be worse than May, July worse than June," with references also made to the situation in the USA.

Kyriakos Pierrakakis, Minister of National Economy and Finance and President of the Eurogroup, is traveling to Nicosia to participate in Eurogroup and informal ECOFIN meetings, with housing and the economic impact of the Middle East crisis as central agenda items.

The head of the Eurogroup stated that opening the Strait of Hormuz is of "utmost importance" ahead of the G7 finance ministers' meeting in Paris, where surging long-term borrowing costs will also be discussed.

Kyriakos Pierrakakis, Greece's Minister of National Economy and Finance and President of the Eurogroup, stated during his intervention at the open ECOFIN meeting that political courage is essential to achieve economic transformation.

Top officials after the Eurogroup meeting sent a clear message about the economic challenges facing Europe, confirming that stagflation is now at the center of concerns.

Italian Minister Giancarlo Giorgetti has called on the Eurogroup to extend the existing Stability and Growth Pact waivers, currently applied to defense spending, to also include investments in the energy sector. This proposal aims to provide greater fiscal flexibility for energy-related expenditures.

The Greek Minister of National Economy and Finance and current Eurogroup President, Kostis Pierrakakis, met with Jeroen Dijsselbloem, the former Eurogroup President and Mayor of Eindhoven, Netherlands.

The legality of billions in Greek surplus funds is being questioned, with a comparison drawn between Pierrakakis and former Eurogroup President Jeroen Dijsselbloem. The articles raise concerns about t

Kyriakos Pierrakakis, the Greek Minister of National Economy and Finance, attended the G7 meeting as President of the Eurogroup, where he discussed the current limitations of energy and the future potential of artificial intelligence.

Despite caps and subsidies, Greece is experiencing new increases in freight rates and a continued rally in fuel prices, creating significant pressure on consumers and the Eurogroup.

Kyriakos Pierrakakis, President of the Eurogroup and Minister of National Economy and Finance, stated on Facebook that covering the EU's investment gap is a strategic priority, calling the Savings Union Europe's biggest political gamble.

Eurogroup President Kyriakos Pierrakakis stated that Europe must intervene immediately if energy prices remain high, emphasizing that such action is necessary to reduce economic pressures.

Days before the March 19th Summit, Eurogroup President Kyriakos Pierrakakis outlined the economic challenges facing Europe in a letter to the President of the European Council. He acknowledged strong fundamental economic indicators but highlighted persistent uncertainty.

Συντονισμένη δράση στα κρίσιμα ζητήματα της οικονομίας, βάζοντας στην άκρη εθνικούς διαχωρισμούς και συμφέροντα, ζητεί ο πρόεδρος του Eurogroup και υπουργός Εθνικής Οικονομίας και Οικονομικών,…

Το Eurogroup επιχειρεί να κρατήσει όλες τις επιλογές στο τραπέζι απέναντι στη νέα ενεργειακή αβεβαιότητα που προκαλεί η κλιμάκωση της σύρραξης στη Μέση Ανατολή.

The head of the Eurogroup sees the European economy with 'capacity and resilience to absorb temporary shocks,' but warns of the possibility of an impact on maritime transport and energy prices.

The president of the Eurogroup stresses that Europe is closely monitoring developments in the Middle East and is considering tools to support households and businesses if the energy crisis worsens -…

Joaquim Miranda Sarmento stated at the Eurogroup meeting that he does not believe the European Commission will object to a temporary and extraordinary discount on the diesel fuel tax.

Three European Central Bank policymakers warned on Thursday that euro zone inflation would likely rise, and growth sag, if the war in Iran were to ‌become drawn out and suck in more countries.

The Eurogroup leader believes that 'geopolitical innocence is over' and that investing in a digital euro will bring 'sovereignty.' He anticipates effects on investor confidence and supply, depending on the duration of the Middle East conflict, and warns against complacency in the Eurozone economy.

Kyriakos Pierrakakis, President of the Eurogroup, met with European Council President António Costa, European Commission President Ursula von der Leyen, and ECB President Christine Lagarde in Brussels to discuss the main axes of the upcoming EU Summit on March 19.

Greece's Minister of National Economy and Finance and Eurogroup President, Kyriakos Pierrakakis, is in Brussels for meetings with European Council President António Costa, Ursula von der Leyen, and Christine Lagarde ahead of the Euro Summit.

Behind-the-scenes insights into Hélène Rey’s Eurogroup premiere, steady confidence in the Greek flag from the Angelopoulos brothers, Optima's talks with Europa Insurance, and new tactics from funds.

Kyriakos Pierrakakis, Greece's Minister of Economy and Finance and President of the Eurogroup, emphasized the Eurogroup's role in shaping conditions for Europe's future prosperity. He stated that Europe requires a banking sector capable of financing a new development model.

The Eurogroup has indicated that Austria is on course regarding its deficit procedure.

Προσερχόμενος στη συνεδρίαση του Eurogroup, ο πρόεδρος του Eurogroup, Κυριάκος Πιερρακάκης, αναφέρθηκε στην ατζέντα της συζήτησης, στέλνοντας μήνυμα απέναντι στις πολλαπλές κρίσεις και τονίζοντας ότι…

K. Pierrakakis is in Brussels for the Eurogroup and ECOFIN meetings, where discussions will focus on Artificial Intelligence, digital finance, and technological sovereignty.

European member states are beginning preparations for their 2027 budget drafts, with Eurogroup finance ministers scheduled to discuss the fiscal situation in the eurozone later this week.

The Eurogroup president is urging fiscally conservative countries to abandon austerity measures and embrace innovative thinking, proposing a plan for the EU budget that involves synchronizing auctions for 5G and 6G technologies.

Kyriakos Pierrakakis, President of the Eurogroup and Greek Minister of Finance, emphasized the need for Europe to decisively strengthen its strategy in AI and cybersecurity during an interview with POLITICO.

Kyriakos Pierrakakis, former Eurogroup President, is traveling to Brussels and France for a series of contacts, including his first official meeting with European Parliament President Metsola today. The meetings are expected to cover various European affairs.

Hungary's Finance Minister András Kármán announced the government's commitment to adopting the euro by 2030, aiming to meet the Maastricht criteria ahead of a visit by Eurogroup President Kyriakos Pierakakis.

Kostas Pierrakakis, speaking from the Eurogroup, stressed the necessity of fiscal coordination within the Eurozone and highlighted investments in energy as a key priority.

Kostas Pierrakakis is in Luxembourg to attend the Eurogroup and ECOFIN meetings, where discussions will focus on energy and fiscal policy. These sessions are crucial for addressing key economic challenges facing Europe.

Kyriakos Pierrakakis, former Eurogroup President, is traveling to Brussels for meetings with top international and European officials to discuss economy, security, and strategic cooperation, including the IMF Director and Rutte.

Housing costs are becoming a major burden for Greek households, with data presented at the Eurogroup highlighting the significant pressure on those seeking new homes in Athens, making it one of Europe's least affordable cities.

Greek Minister of National Economy and Finance, Kyriakos Pierrakakis, stated at a Eurogroup meeting that housing is a matter of social cohesion for Europe and discussed stagflationary trends, noting that Europe is not currently in stagflation.

Η στέγαση είναι ζήτημα κοινωνικής συνοχής για την Ευρώπη, δήλωσε ο υπουργός Εθνικής Οικονομίας και Οικονομικών και πρόεδρος του Eurogroup Κυριάκος Πιερρακάκης, προσερχόμενος στην άτυπη συνεδρίαση της…

Kyriakos Pierrakakis, Minister of National Economy and President of the Eurogroup, emphasized the need for investments in electric grids and innovation within the EU, aiming to create a 'Silicon Valley of Europe'.

Former European Commission President Jean-Claude Juncker revealed that during a 2015 Eurogroup meeting, a minister from another country proposed selling the Acropolis. Juncker recounted his blunt response to the suggestion, telling the minister to "shut up!".

Greek minister Pierrakakis addressed the Eurogroup, urging preparedness for severe economic scenarios, citing warnings over an energy shock, stagflationary pressures, and limited fiscal space in the eurozone.

Kyriakos Pierrakakis, President of the Eurogroup, emphasized the need for preparedness for the most difficult scenarios following a meeting of eurozone finance ministers in Brussels, stating that Europe has strong foundations despite challenges.

A Greek official at the Eurogroup meeting emphasized the words 'uncertainty' and 'duration' regarding the economic impact, stating that the Strait of Hormuz should not become 'tolls'.

Η Ευρώπη είναι έτοιμη να αντιδράσει σε περίπτωση που ο Ντόναλντ Τραμπ υλοποιήσει την απειλή του για αύξηση των δασμών σε ευρωπαϊκά οχήματα στο 25%, λέει ο πρόεδρος του  Eurogroup, Κυριάκος…

Former Eurogroup President Jeroen Dijsselbloem met with current Eurogroup President and Greek Minister of National Economy and Finance, Kyriakos Pierrakakis, expressing pride in the latter's leadership.

Greek Minister of Finance and Eurogroup President Pierrakakis is facing criticism for a perceived "confusion of roles" in his response to SYRIZA president Sokratis Famellos.

Eurogroup President Kyriakos Pierrakakis has publicly questioned Eurostat data, stating that economic figures are specific and do not change based on narrative, while noting Greece's position at the bottom alongside Bulgaria.

Η αποτίμηση των επιπτώσεων της κρίσης στη Μέση Ανατολή στην οικονομία της ΕΕ, θα είναι το πρώτο θέμα της ημερήσιας διάταξης του Eurogroup, το οποίο θα πραγματοποιηθεί μέσω τηλεδιάσκεψης την… Οι…

The Eurogroup will hold a teleconference meeting on Friday to discuss the economic repercussions of the Middle East crisis, aiming for coordination among member states without immediate decisions.

«Η κάλυψη του επενδυτικού κενού της ΕΕ αποτελεί στρατηγική προτεραιότητα» επισημαίνει ο πρόεδρος του Eurogroup και υπουργός Οικονομικών, Κυριάκος Πιερρακάκης. Με αφορμή την ομιλία του στο Συνέδριο…

Kyriakos Pierrakakis, Greece's Minister of Economy and Eurogroup President, emphasized to Reuters the urgent need for Europe to act immediately to alleviate pressure from persistently high energy prices.

At the Eurogroup and ECOFIN meetings, Pierrakakis emphasized that Europe cannot constantly remain in crisis management mode and must transcend immediate crises. He called for common decisions and coordinated action on critical economic issues, setting aside national divisions.

Energy rates are key on the Eurogroup agenda  eKathimerini.com

'The European economy has the capacity and resilience to temporarily absorb shocks.'

Kyriakos Pierrakakis, President of the Eurogroup, emphasized the need to manage the energy crisis with the goal of protecting businesses and households from price increases, as he arrived at the Council of Ministers of Economy.

Portugal's Finance Minister, speaking at the Eurogroup in Brussels, warned of a potential deficit in 2026 if circumstances, such as storms and the escalating Middle East conflict, necessitate it.

The decades-old European economic model, largely reliant on an expanding workforce, is approaching its end, according to Eurogroup President Kyriakos Pierrakakis, who emphasized the need for change.

The Eurogroup president is meeting with EU leaders to discuss the economic and political impact of the ongoing Middle East crisis.

Kyriakos Pierrakakis, President of the Eurogroup, met with the Brussels Troika ahead of the European Council on March 19. Discussions included the economic situation of the European Union within the complex geopolitical context.

Iceland's Minister of Industries, Hanna Katrín Friðriksson, received an open letter from Eurogroup for Animals, Animal Welfare Foundation, and the Icelandic Animal Welfare Association, calling for a ban on blood mare farming.

The Finance Minister and Eurogroup President made a post on the loss of the great Byzantine scholar who passed away today at the age of 99 The post Pierarakis: Eleni Glykatzi-Arveler was the most tangible proof of the power generated by dedication to knowledge appeared first on ProtoThema English.