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President of the Eurogroup Says that Response to the Energy Crisis Cannot Be "Counterproductive"

Kyriakos Pierrakakis admitted that there was no consensus among the ministers on the Italian request to exclude current expenditure from the European Union's rules of procedure.
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At the end of the informal meeting of the finance ministers of the euro, Kyriakos Pierrakakis stressed that "there are areas where understanding exists", although he admitted that there was no consensus on the Italian request to exclude current expenditure from the tight legal rules of the EU.

·Porto, Portugal
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Eurogroup president Kyriakos Pierrakakis has urged eurozone partners to make their measures in the face of the energy crisis caused by the conflict in the Middle East temporary and focused on the most vulnerable given the lower fiscal margin they have compared to the war in Ukraine. "We are trying to balance, on the one hand, to support our citizens, the most vulnerable and, on the other hand, we should not allow this energy crisis to metastatiz…

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elperiodicodelaenergia.com broke the news on Friday, May 22, 2026.
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