Greece’s Ministry of National Economy and Finance issued a press statement marking the election of Minister Kyriakos Pierrakakis as President of the Eurogroup, framing the outcome as international recognition of Greece’s progress and a mandate to help steer decisions on the future of the European economy. The statement contrasts Greece’s past loss of market access, capital controls and high deficits with more recent performance, citing a sixth consecutive year among the highest growth rates in the euro area, the largest increase in investment and the steepest debt reduction. It also points to the policy context facing the Eurogroup presidency, including European border security, defending EU and Greek economic interests amid rising trade protectionism, technological challenges such as artificial intelligence and the digital euro, and financing critical investment through the EU’s next multiannual programme for 2028–2034 following the end of the Recovery Fund.
Ministry of National Economy and Finance (Greece) 2025-12-11
Greece’s Ministry of National Economy and Finance welcomes Kyriakos Pierrakakis’ election as Eurogroup President
Greece’s Ministry of National Economy and Finance announced Minister Kyriakos Pierrakakis's election as Eurogroup President, recognizing Greece’s economic progress. The statement contrasts past challenges with achievements like high growth and debt reduction. It outlines key policy areas for the presidency, including European border security, trade protectionism, technological advancements, and future EU investment financing.