Greece's Ministry of National Economy and Finance published a readout of the Eurogroup and ECOFIN meetings in Brussels, where Minister Kyriakos Pierrakakis focused on strengthening the international role of the euro and the European Union’s monetary sovereignty amid intensifying geoeconomic pressures. Euro area finance ministers agreed, among other items, to adopt the European Commission’s recommendations on the euro area’s economic policy for 2026 and reiterated their commitment to the immediate advancement of the Savings and Investment Union. At the subsequent ECOFIN meeting, discussions centred on supplementary pensions within the Savings and Investment Union and the Pan-European Personal Pension Product (PEPP), with the stated objective of making PEPP accessible to every European citizen. Pierrakakis highlighted the social dimension of strengthening supplementary pensions and backed simplifying the PEPP Regulation so the product is simple, cost-effective and secure. The minister also held bilateral meetings with Finland’s Riikka Purra and Canada’s François-Philippe Champagne, who attended a Eurozone finance ministers’ meeting for the first time at the invitation of the Eurogroup President.
Ministry of National Economy and Finance (Greece) 2026-02-17
Greece's Ministry of National Economy and Finance reports Eurogroup adoption of 2026 euro area policy recommendations and ECOFIN focus on PEPP simplification
Greece's Ministry of National Economy and Finance reported on Eurogroup and ECOFIN meetings, where Minister Kyriakos Pierrakakis emphasized enhancing the euro's international role and EU monetary sovereignty. Euro area finance ministers agreed to adopt the European Commission’s 2026 economic policy recommendations and advance the Savings and Investment Union. Discussions also focused on making the Pan-European Personal Pension Product accessible to all Europeans, with Pierrakakis advocating for a simplified, cost-effective, and secure PEPP Regulation.