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Tue, Jan

Pierrakakis Urges Unity, Speed at First Eurogroup

Pierrakakis Urges Unity, Speed at First Eurogroup

Hellenic Shipping News

Greek Minister of  Economy and Finance Kyriakos Pierrakakis struck a tone of urgency

Greek Minister of  Economy and Finance Kyriakos Pierrakakis struck a tone of urgency and unity Monday as he delivered his first doorstep statement ahead of chairing the Eurogroup for the first time as its new president.

“We’re meeting today in light of recent international developments in a highly volatile geopolitical environment where European unity is of essence, where dialogue is of essence, where European coordination is of essence in order to uphold the core principles of sovereignty and adherence to international law,” Pierrakakis said as he arrived for the meeting of eurozone finance ministers.

He added that the bloc must “deliver with nimbleness and speed,” underscoring his pledge to achieve “tangible results” during his presidency.

Speaking to reporters as he arrived for the session, Pierrakakis outlined the core priorities he had already flagged when announcing his candidacy for the role. He said his presidency would focus on four pillars: building a Savings and Investment Union, completing the single market, advancing the digital euro, and safeguarding Europe’s economic foundations.

“This is about moving from ideas to concrete outcomes,” Pierrakakis said, emphasizing the need for efficiency and institutional maturity as the eurozone confronts a demanding economic environment.

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