Greece's Ministry of National Economy and Finance backs October agreement target for EU market integration and supervision package

Greece's Ministry of National Economy and Finance published remarks by Minister of National Economy and Finance and Eurogroup President Kyriakos Pierrakakis supporting the political approach discussed by EU finance ministers on the Market Integration and Supervision Package. In the intervention, he backed the Irish Presidency's proposal to agree a common direction now and set a clear target of reaching agreement by October, arguing that an early political commitment would provide the certainty needed to complete the technical work. Pierrakakis presented the package as part of the broader Savings and Investments Union and said apparently procedural decisions can have wider political effects when they create a path to later integration. He said Greece fully supports this approach and linked the current discussion to the need to combine political ambition with technical implementation at the European level. The next step identified in the remarks is to convert the current political commitment into a substantive agreement by October.