Finance Minister Mr. Christos Staikouras is leaving for Washington DC tomorrow, Tuesday, October 11, in order to participate in the Annual Meeting of the International Monetary Fund (IMF) and the World Bank, which is taking place this week in the American capital.
As part of the Summit, the Minister of Finance will aprticipate the day after tomorrow, Wednesday, October 12, in a closed discussion with the Director General of the IMF, Mrs. Kristalina Georgieva and other European officials, which will discuss fiscal challenges during the current period of high inflation.
The meetings
On the same day, Mr. Staikouras will participate in the 8th meeting of the Alliance of Finance Ministers for Climate Action, of which Greece has been a regular member for the last three years. The goal of the Alliance is to promote strong collective actions on climate change and addressing its impacts.
On Thursday, October 13, the Minister of Finance will represent Greece at the introductory meeting of the IMFC (International Monetary and Financial Committee), where the course and prospects of the global economy will be analyzed and the IMF’s reports on the prospects of the global economy will be presented on the economy (World Economic Outlook), fiscal figures (Fiscal Monitor) and financial stability (Financial Stability Report).
On Friday, October 14, Mr. Staikouras will participate in a meeting of European Finance Ministers with the US Treasury Secretary Ms. Janet Yellen, as well as at the Plenary of the Annual Meeting of the IMF and the World Bank, while he will meet with the Greek workers at the International Monetary Fund. He will also take part in a meeting of Finance Ministers, with the aim of preparing the COP15 Biodiversity Summit. In this meeting, with the theme “Investing in nature: Aligning financial flows with biodiversity goals”, the International Corporate Relations Commissioners Ms. Jutta Urpilainen and Environment, Oceans and Fisheries Mr. Virginijus Sinkevicius.
Finally, on Saturday, October 15, the Minister of Finance will meet with the Director of the European Department of the IMF, Mr. Alfred Kammer.
During his stay in Washington, Mr. Staikouras, together with the Secretary General of Fiscal Policy Mr. Athanasios Petralia, the President of the Council of Economic Experts Mr. Michalis Argyrou and the Director General of the Public Debt Management Organization (ODDIX) Mr. Dimitris Tsakonas, they will have meetings with high-ranking executives of investment and banking groups and rating agencies, such as, among others, Bank of America, Citi, Commerzbank, Credit Suisse International, Deutsche Bank, Goldman Sachs, Moody’s, Nomura, Société Générale, etc. .
Latest News
Bank of Greece Governor Says EU will Retaliate to Trump’s Tarrifs
The Bank of Greece Governor defended the independence of central banks amid criticism from U.S. President-elect Donald Trump, who had publicly commented on Federal Reserve Chair Jerome Powel
September in Greece Winning Tourists Over from US, Germany
Tourists continue to visit Greece off-season into Sept. with the number of inbound travelers up by 6.6% and a 7.9% rise in travel receipts.
Bitcoin Surges Toward $100K Amid Pro-Crypto Optimism in US
According to Reuters, the cryptocurrency surged to an all-time high, briefly exceeding $96,898 during Asian trading hours.
Greek Driver Violations at a Touch of a Button
Traffic offences recorded in the last five years by Greece’s “Driver Behavior Control System” are now available on Gov.gr Wallet
Milan Tops List of Most Expensive Streets, Athens’ Ermou Holds Steady at 15th Place
In Athens, following Ermou Street is the southern suburb of Glyfada and Tsimiski Street in Thessaloniki.
New Gov.gr Service Enables Secure Reporting of Minor-Related Delinquency
It should also be noted that via the recently introduced initiative ‘Safe Youth’ application citizens have access to specially tailored informative material regarding the safety of children and adolescents
Thousands Strike in Athens Over Soaring Living Costs and Stagnant Wages
Inflation, particularly in food prices, has been crushing Greek households
Greece Overhauls Property Valuation System
Greece plans to launch a revamped property value registry in 2025 and overhaul the way objective values are calculated to enhance tax revenue and improve transparency.
Greece’s New Tax Bill Foresees Tax Relief Beyond Big Business
Tax relief measures in Greece are proposed for freelancers, property owners and farmers, along with 'big business'
Unions Call Nationwide Industrial Strike for Wed.
Mass transits are usually affected, especially in the greater Athens-Piraeus area, although bus and metro services are curtailed but not fully halted