
Finance Minister Mr. Christos Staikouras will be in Brussels today, Monday and tomorrow, Tuesday, in order to participate in the Eurogroup and Ecofin meetings.
Before the Eurogroup meeting, Mr. Staikouras will have a bilateral meeting with the Minister of Finance of Bulgaria, Mrs. Rositza Velkova-Jeleva.
Budgets are on the table
In particular, today Mr. Staikouras will take part in the meeting of the Eurozone Finance Ministers, in which the latest economic developments and the prospects for the single currency zone will be discussed, following presentations by the European Commission and the European Central Bank (ECB).
In addition, the general picture resulting from the draft budgets submitted by the member states will be put on the discussion table, an issue on which the Ministers are expected to return in December. The future of fiscal policy coordination in the Eurozone will also be examined.
The agenda of the meeting also includes the measures taken at national level to mitigate the impact of high energy prices on vulnerable households and businesses.
Finally, the Eurozone Finance Ministers will discuss the results of recent international meetings and will be informed by the new Minister of Finance of Italy, Mr. Giancarlo Giorgetti, about the political priorities of the country’s new Government.
Banking union
The Eurogroup will also meet as a banking union, in order to exchange views with the President of the Supervisory Board of the European Central Bank (ECB), Mr. Andrea Enria, and the President of the Single Resolution Board, Ms. Elke König regarding developments, challenges and opportunities in the banking sector in the current economic, geopolitical and financial environment.
Tomorrow, Tuesday, Mr. Staikouras will participate in the Ecofin meeting, which will discuss the implementation of the Basel III regulation, a set of reform measures aimed at strengthening the resilience of the European Union’s banking sector, as well as improving supervision and risk management.
The effects of war
In addition, the economic and fiscal implications of the Russian aggression against Ukraine are expected to be discussed and political directions may be given regarding the operational implementation of regular financial assistance to Ukraine.
Also, the agenda of the session includes a discussion on the taxation of heavy goods vehicles, an account of the implementation of the Recovery and Resilience Mechanism (RRF), as well as an update from the Presidency on the progress of the legislative proposals under consideration in the financial services sector.
Finally, the President of the European Fiscal Council will present the ESI Annual Report for 2022, while the European Commission will brief Finance Ministers on the implications for the European Union of the new US deflation law.
On the sidelines of Ecofin, a macro-economic dialogue meeting with the social partners will take place, with energy prices as a central theme. Meanwhile, tomorrow, Tuesday, there will be a ministerial dialogue between the European Union and the European Free Trade Area (EFTA) on energy prices and inflation in the context of the current geopolitical situation.


Latest News

Airbnb: Greece’s Short-Term Rentals Dip in March Amid Easter Shift
Data from analytics firm AirDNA shows that average occupancy for short-term rentals dropped to 45% in March, down from 49% the same month last year.

Easter Week in Greece: Holy Friday in Orthodoxy Today
At the Vespers service on Friday evening the image of Christ is removed from the Cross and wrapped in a white cloth

Meloni and Trump Meet in Washington, Vow to Strengthen Western Ties
“I am 100% sure there will be no problems reaching a deal on tariffs with the EU—none whatsoever,” Trump stressed.

ECB Cuts Interest Rates by 25 Basis Points in Expected Move
The ECB’s Governing Council opted to lower the deposit facility rate—the benchmark for signaling monetary policy direction—citing an updated assessment of inflation prospects, the dynamics of underlying inflation, and the strength of monetary policy transmission.

Current Account Deficit Fell by €573.2ml Feb. 2025: BoG
The improvement of Greece’s current account was mainly attributed to a more robust balance of goods and, to a lesser extent, an improved primary income account

Hellenic Food Authority Issues Food Safety Tips for Easter
Food safety tips on how to make sure your lamb has been properly inspected and your eggs stay fresh.

Greek Kiwifruit Exports Smash 200,000-Ton Mark, Setting New Record
According to data by the Association of Greek Fruit, Vegetable and Juice Exporters, Incofruit Hellas, between September 1, 2024, and April 17, 2025, kiwifruit exports increased by 14.2%.

Easter Tourism Boom: Greece Sees 18.3% Surge in Hotel Bookings
Among foreign markets, Israel has emerged as the biggest growth driver, with hotel bookings more than doubling—up 178.5% year-on-year.

Greece to Launch Fast-Track Tender for Offshore Hydrocarbon Exploration
Last week, Papastavrou signed the acceptance of interest for the two Cretan blocks, while similar decisions regarding the two Ionian Sea blocks were signed by his predecessor

American-Hellenic Chamber of Commerce to Open Washington D.C. Branch
AmCham's new office aims aims to deepen U.S.-Greece economic ties and promote investment and innovation between the two countries