Greece's Ministry of National Economy and Finance published remarks by Eurogroup President and Finance Minister Kyriakos Pierrakakis from an interview with POLITICO in which he said next week's Eurogroup meeting will discuss artificial intelligence and cybersecurity and is expected to adopt a joint statement on digital finance. In that context, he said he intends to propose a separate Eurogroup workstream on artificial intelligence, technological innovation and technological sovereignty, arguing that economic policy coordination now needs to extend to areas not traditionally covered by euro area finance ministers. Pierrakakis linked Europe's technology policy directly to competitiveness, productivity and long-term economic resilience, and said the euro area needs a coherent strategy for its technological choices in an environment of limited fiscal and investment resources. He also said technological sovereignty should be approached strategically rather than as isolation from global technology developments, and suggested the Eurogroup could play a wider role by holding systematic discussions on other issues shaping economic outcomes, including housing, European defense, energy security and critical raw materials. The immediate next step is the upcoming Eurogroup discussion on artificial intelligence and cybersecurity, alongside the expected joint statement on digital finance, where Pierrakakis said he will raise the proposal for a dedicated technology-focused workstream.

Original source Back to tracker