Eurozone finance ministers are meeting on Monday amid new challenges posed by the Omicron variant, as well as rising inflation.
According to the report, the Eurogroup will hold a thematic discussion on economic adjustment and resilience to the recent performance of the eurozone compared to its international counterparts, based on data from the European Commission.
The President of the Eurogroup invited the Chief Economist of the Organization for Economic Co-operation and Development, Lawrence Boone, to exchange views with the Ministers on this issue.
Business vulnerability and structural developments following the Covid-19 pandemic
Ministers will hold a thematic discussion on the business solvency situation and possible measures to facilitate business restructuring and economic adjustment in the euro area as part of the recovery following the global COVID-19 pandemic. The discussion will be based on the Commission’s contribution.
Recommendation for the euro area for 2022
Ministers will discuss the draft recommendation on the eurozone economic policy for 2022, before its approval at the ECOFIN Council meeting on 18 January 2022.
Review of economic governance – eurozone issues
Ministers will discuss the eurozone financial framework and arrangements for financial assistance and supervision after the program is completed. The discussion is based on the Eurogroup work program which identifies its involvement in the review of economic governance.
Extended composition
Banking Union
Ministers will review the progress of work on strengthening the banking union, in particular the future course of finalizing a consensual, phased and time-bound work program that includes all outstanding elements. Ministers will also take stock of the ratification of the revised Treaty on European Stability Mechanism (ESM).
Banking union (general information)
The President of the Eurogroup will also brief the Ministers on the Euro Summit in December and the Eurogroup will exchange views on the follow-up.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Athens International Airport: Passenger Traffic Up 14.5% in January
Notably, in 2024, Athens’ main airport entered the top 10 European airports for the first time in its history, according to Eurostat
Yannis Papachristou Appointed New HCAP CEO
Papachristou, born in Greece in 1970, began his academic journey at the National Technical University of Athens, where he studied Chemical Engineering
A Glimpse at Santorini’s Past: Ancient Quakes, Timeless Wonders
While Santorini’s volcanic nature continues to shape its landscape, it has also granted the island an extraordinary history and cultural legacy
AADE Targets Airbnb Rentals with Audits and Fines
For cases of late submission of the declaration, an administrative fine of 100 euros is imposed.
Greek Government Announces Emergency Electricity Bill Subsidies for February
Greek government announces emergency subsidies for February to combat rising energy costs.
Seismic Activity in Santorini Raises Concerns for Tourism
So far, major international media outlets have not reported or provided assessments regarding the immediate impact on the island’s tourism activity in terms of bookings or cancellations.
TERNA ENERGY: Masdar’s Public Offer at the Upper End of Valuation Range
TERNA ENERGY’s Board of Directors, in its reasoned opinion, notes that the company’s valuation range is between €11.9 and €21.5 per share, while Masdar’s offer stands at €20 per share.
AEGEAN Airlines Adds Extra Flights to Santorini Amid Ongoing Seismic Activity
As reported, the Blue Star Chios ferry, departed from the Athinios port for Athens, fully booked, in the early hours of Monday
Quakes Rattle Santorini Overnight, Authorities Say Island is Safe
Over the past 24 hours, hundreds of quakes struck between Santorini and Amorgos and continued overnight. Greek authorities say the island is safe and all measures are precautionary
Greek Farmers Protest for Renewed Greece-Bulgaria Water Deal
Farmers are demanding that Greece renews an expired Greece-Bulgaria water deal to ensure water continues flowing to farms in the Evros region
