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Politics

FinMin Staikouras in Brussels for Eurogroup and Ecofin Μeetings

BRUSSELS – Finance Minister Christos Staikouras will travel to Brussels on Monday in order to participate in the Eurogroup and Ecofin meetings.

On Monday, Staikouras will take part in the meeting of the finance ministers of the eurozone, in which the economic situation and prospects of the eurozone will be discussed, based on the relevant interim report of the International Monetary Fund in accordance with article IV of its statute.

Also, the ministers will continue to coordinate fiscal policy focusing on support measures against the energy crisis. In this context, the finance ministers of France and the Netherlands will be invited to present their national experience followed by a debate on the challenges in planning and implementing measures aimed at limiting the impact of increased energy costs on households and businesses.

Eurogroup members will also exchange views on the aspects of the review of the economic governance framework that concern the eurozone, such as draft budgets, macroeconomic stabilisation, the post-programme surveillance process and the implementation of the Macroeconomic Imbalances Procedure in member states of the eurozone.

On Tuesday, the finance minister will represent Greece at the Ecofin meeting, which will discuss the economic and fiscal impact of the war in Ukraine.

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