US EditionIn Stunning Reversal for Europe, Greek Finance Minister Elected as Eurogroup President
Pierrakakis won Eurogroup presidency due to Greece’s fiscal reforms and improved budget surplus, making it one of six EU states with a surplus in 2024, officials said.
- In a stunning reversal, Greek Finance Minister Kyriakos Pierrakakis was elected president of the Eurogroup, the body of eurozone finance ministers.
- Pierrakakis, 42, is a rising star in Greece's governing center-right New Democracy party and took over as finance minister in March.
- The Eurogroup wields significant power in shaping financial policies of euro area countries, and its president's words are closely followed.
34 Articles
34 Articles
The Euro Group will be given a new chairman: Kyriakos Pierrakakis. 42-year-old Greek will set the accents in the eurozone's fiscal policy in the future.
The Head of Finance of Greece shall assume functions on 12 December 2025 for a term of two and a half years. The first meeting under its leadership is marked for January 2026.
Greek Finance Minister Pierrakakis will become the new president of the Eurogroup.
Associated Press News
Greek finance minister elected as Eurogroup president
Greek Finance Minister Kyriakos Pierrakakis has been elected as president of the Eurogroup — a move that would have been unthinkable just 10 years ago, when the country was in the throes of a deep financial crisis that almost saw it tossed out of the eurozone altogether.
The Greek Minister of Economy and Finance, Kyriakos Pierrakakis, imposes himself on the Belgian Deputy Prime Minister and Head of Budget, Vincent Van PeteghemThe resignation of Donohoe opens the door for Corps to run again for president of the Eurogroup The Eurogroup has elected the Greek Minister of Economy and Finance, Kyriakos Pierrakakis, as its next president to replace Paschal Donohoe, confirmed to EFE European sources. Pierrakakis is thus…
Greek minister Pierrakakis elected as president of Eurogroup
Kyriakos Pierrakakis elected head of Eurogroup in recognition of Greece's reform agenda. Belgian candidate caught in crossfire over reparations loan for Ukraine. The Eurogroup handles key economic and financial dossiers.
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- 47% of the sources lean Left, 47% of the sources are Center
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