Economic and Financial Affairs Council

Bulgaria's New Finance Minister Prioritizes Eurozone and Full Schengen Membership

The newly appointed Acting Deputy Prime Minister and Minister of Finance, Lyudmila Petkova, has reaffirmed the country's commitment to joining the Eurozone, the Organization for Economic Co-operation and Development (OECD), and achieving full-fledged Schengen membership.

Hatzidakis presents proposals for EU economy bolstering

National Economy and Finance Minister Kostis Hatzidakis presented six proposals for boosting the European Union's competitiveness during an informal ECOFIN Council of Ministers on the topic held in Ghent last week.

"We must adopt the Draghi dogma and do everything that is necessary to boost the European economy's competitiveness," Hatzidakis said during the meeting.

Europeanism of a German cut

Wolfgang Schaeuble assumed the role of Germany's finance minister in late October 2009, serving in this capacity for a full eight years. During this period, he collaborated, beginning with my own appointment a few weeks earlier, with nine successive Greek finance ministers. This observation alone serves as a clear indication of the impact he had on navigating the eurozone and Greek crises.

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