Greece's Ministry of National Economy and Finance announced, following a meeting in Brussels between Minister Kyriakos Pierrakakis and International Monetary Fund Managing Director Kristalina Georgieva, that Greece will participate in the IMF's Southeast Europe Regional Technical Assistance Centre (SEETAC) as a founding partner. Greece will contribute EUR 1 million annually for five years, or EUR 5 million in total. The ministry presented the move as a new phase in Greece's cooperation with the IMF, shifting from recipient of technical assistance to provider of funding, reform experience and technical expertise. The arrangement gives Greece a seat on SEETAC's Steering Committee, with a role in setting strategic priorities, approving annual work programmes and monitoring implementation. The new IMF regional centre will work with Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, Serbia and Moldova, focusing on fiscal policy, tax administration, public financial management, monetary and financial policy, macroeconomic frameworks and forecasting, statistics, and legal and institutional issues. Support will be delivered through technical assistance, training, knowledge exchange and advisory support. SEETAC is part of the IMF's global network of regional capacity development centres. It is expected to begin operations by January 2027 and will be based in Rome.
Ministry of National Economy and Finance (Greece)2026-06-10
Greece's Ministry of National Economy and Finance announces Greece will join IMF Southeast Europe Regional Technical Assistance Centre as founding partner with EUR 5 million contribution
Greece's Ministry of National Economy and Finance will join the IMF’s Southeast Europe Regional Technical Assistance Centre (SEETAC) as a founding partner, contributing EUR 1 million annually for five years and shifting from recipient to provider of technical assistance. Greece will sit on SEETAC’s Steering Committee, helping set strategic priorities and oversee work with Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, Serbia and Moldova on fiscal, monetary and financial capacity development.