Greece's Ministry of National Economy and Finance published a readout from the informal ECOFIN and Eurogroup meetings in Copenhagen, where Minister Kyriakos Pierrakakis coordinated a ministerial discussion on innovation and digitalisation at the request of the Danish Presidency. The ministry also highlighted a Eurogroup political agreement on the procedure for determining the maximum holding limit for a digital euro, including a clearer delineation of the respective roles of the Council and the European Central Bank. In the ECOFIN discussion, the minister drew on Greece’s public-sector digital transformation experience and argued that boosting innovation and digitalisation should be anchored in completing the Single Market, including removing “invisible barriers” that fragment the economy, and advancing the Savings and Investments Union so EU start-ups can scale within the Union. The readout also points to reforms to public procurement to shorten implementation timelines and to the importance of EU-wide service interoperability, citing lessons from the pandemic and the EU digital certificate. Separately, in the informal Eurogroup, the minister raised concerns about the complexity of the EU regulatory framework and proposed a single European tool to quantify administrative burdens linked to member states’ general accounting offices, referencing Greece’s MITOS platform as a practice example, and called for simplification efforts to extend to financial legislation while safeguarding financial stability, public finances and consumer protection. On the margins of the meetings, the minister visited UNICEF’s Supply Chain Centre and UN offices in Copenhagen, framed as preparatory work for the planned establishment of an International Organization for Migration international supply chain centre in Thessaloniki.
Ministry of National Economy and Finance (Greece) 2025-09-20
Greece's Ministry of National Economy and Finance outlines ECOFIN digitalisation priorities and notes Eurogroup political agreement on the process for setting digital euro holding limits
Greece's Ministry of National Economy and Finance reported on informal ECOFIN and Eurogroup meetings in Copenhagen, focusing on innovation, digitalisation, and the digital euro. Minister Kyriakos Pierrakakis emphasized completing the Single Market and enhancing EU-wide service interoperability, while addressing the complexity of the EU regulatory framework. The ministry highlighted a Eurogroup agreement on the digital euro's maximum holding limit and the roles of the Council and the European Central Bank.