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. .
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Vardis Vardinogiannis: ‘On a Ship’s Bridge You Always Look Forward’
Ten milestones in the half century since the creation of Motor Oil Group, as described by Vardis Vardinogiannis, who passed away on Tuesday at the age of 91
DBRS Says Greek Banks ‘Shielded’ from ECB Rate Cuts
The agency explains that fund disbursements through the banking sector will help offset pressures anticipated on interest margins beginning in 2025, due to expected rate cuts by the European Central Bank (ECB).
Meta Cuts Facebook and Instagram Subscription Fees by 40%
The social media giant also revealed that it will continue to offer free access to Facebook and Instagram for EU users, provided they agree to see ads based on a limited set of user data.
Skyrocketing Use of Debit, Credit Cards
The total value of the transactions conducted with debit and credit cards in the country in the first half of 2024 rose 2% on the corresponding period of 2023
JP Morgan Revised Greece Outlook to ‘Overweight’
The investment bank notes that Greece is showing the strongest GDP growth in the Eurozone. Additionally, efforts to clear up bank balance sheets are anticipated to yield increased capital returns.
Vardis I. Vardinogiannis, Greek Tycoon and Shipping Magnate, Dies at 91
In 1990, Vardinogiannis was targeted in an attack which involved three rockets fired at his vehicle by the terrorist organization 17 November.
Kudos for Greek Sheep’s Milk Cheeses
Graviera is the Greek version of the Swiss gruyère, and is generally considered the second most popular cheese made in the country after feta
EIB Survey: Greeks Rank Climate Change as Top Concern After Cost of Living
Specifically, 98% of the Greeks surveyed stated that the country must to adapt to climate change, with 60% saying that priority should be given to these adjustment measures
Trump Tells Putin not to Escalate Ukraine War during Phone Convo
Meanwhile, President Joe Biden, is preparing to lobby Trump against abandoning U.S. support for Kyiv
Former Thessaloniki Mayor Yiannis Boutaris Dies at 82
Boutaris entered politics in 2010, serving as the 60th mayor of Thessaloniki for two consecutive terms until 2019, becoming a transformative figure with his progressive policies.
