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Support Measures Must Be Targeted, Fair and Effective, Pierrakakis Says

European governments must move in a balanced and responsible way in the face of the economic impact of the crisis in the Middle East, Eurogroup President and Greek Finance Minister Kyriakos Pierrakakis has said.

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Today's Eurogroup was held via video conference instead of the scheduled meeting in Cyprus, which was canceled due to developments in the Middle East.

The need for European governments to act with “balance and responsibility” in the face of the economic impact of the crisis in the Middle East, was highlighted by the president of the Eurogroup, Kyriakos Pierrakakis. As he said, the support measures should be “targeted, temporary and give priority to the most vulnerable households and businesses”. “We must not create a new crisis, a fiscal one this time, by trying to deal with the current one. T…

Eurogroup President Kyriakos Pierrakakis called for responsibility and balance from European governments amid the energy crisis, noting that support measures should be "targeted, temporary and...More...

·Greece
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CNN Greece broke the news in Greece on Friday, March 27, 2026.
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