Kyriakos Pierrakakis in Brussels for the Eurogroup and ECOFIN — the agenda of the two meetings

Kyriakos Pierrakakis, Greece’s Minister of National Economy and Finance and President of the Eurogroup, is successful Brussels to seat the Eurogroup meetings and enactment successful ECOFIN.

Tomorrow, Tuesday, May 5, Pierrakakis volition be the gathering of the European Parliament Committee connected Economic and Monetary Affairs, where, successful his capableness arsenic Eurogroup President, helium volition reply questions from Members of the European Parliament connected cardinal Eurozone priorities.

Later successful the afternoon, helium volition instrumentality portion successful a sheet treatment hosted by the IE Competitiveness Hub, focusing connected boosting the competitiveness of the European economy. Participants volition see Paolo Gentiloni, erstwhile Prime Minister of Italy and erstwhile European Commissioner for the Economy, and Carlos Cuerpo, Spain’s Minister of Economy, Trade and Business.

Eurogroup and ECOFIN agenda

At the halfway of today’s Eurogroup discussions are the latest developments successful the Middle East situation and their ongoing interaction connected the European and planetary economy. Participating successful the treatment volition beryllium Oya Celasun, Deputy Director of the European Department of the International Monetary Fund, who volition contiguous the Fund’s appraisal of the macroeconomic implications of the crisis.

Finance ministers from the 21 Eurozone countries volition besides sermon issues related to the stableness and resilience of the European banking system, the deepening of the banking union, and strengthening financing for the European economy. The treatment volition see the information of Slawomir Krupa, President of the European Banking Federation.

Ministers volition besides person updates from the heads of the Single Supervisory Mechanism and the Single Resolution Board arsenic portion of their regular semi-annual reporting.

The docket besides includes the presumption of the FIVE Report connected financing innovative businesses successful Europe by Christian Noyer and Jörg Kukies, focusing connected proposals to make European superior markets and amended entree to backstage backing for startups and scale-ups.

Greece volition beryllium represented by Deputy Minister of National Economy and Finance Thanos Petralias.

At tomorrow’s ECOFIN meeting, ministers volition sermon a Council regularisation regarding entree by the European Public Prosecutor’s Office and the European Anti-Fraud Office to VAT-related accusation astatine EU level, arsenic good arsenic measures for completing and supervising the azygous market—key elements of the Savings and Investments Union (SIU) strategy.

They volition besides beryllium briefed connected developments pursuing the G20 Finance Ministers and Central Bank Governors gathering of April 16, arsenic good arsenic the outpouring meetings of the International Monetary Fund.