Eurogroup
Bulgaria Can Adopt the Euro in 2025, Confirms Eurogroup President
Eurogroup President Paschal Donohoe confirmed that Bulgaria could adopt the euro in 2025. This statement came following discussions with Bulgarian officials, including outgoing Prime Minister Nikolay Denkov, outgoing Deputy Prime Minister Mariya Gabriel, and outgoing Finance Minister Assen Vassilev.
Cyprus happy with EU’s fiscal plan
The joint statement on the orientation of the eurozone's fiscal policy for 2025 satisfies Cyprus as it validates the cautious and conservative fiscal policy that Cyprus has followed so far, Minister of Finance Makis Keravnos said on Monday in Brussels, where he was attending the meeting of the Eurogroup.
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Greek FinMin stresses importance of Capital Markets Union
During his participation in the Eurogroup and ECOFIN meetings in Brussels on Monday and Tuesday, National Economy and Finance Minister Kostis Hatzidakis emphasized that economic development and social cohesion are complementary goals.
Hatzidakis attends EU ministerial sessions
National Economy and Finance Minister Kostis Hatzidakis is in Brussels for European Union ministerial meetings. On the sidelines of the sessions, Hatzidakis is to meet European officials. Hatzidakis attended a Eurogroup meeting in Brussels on Monday, and on Tuesday he will take part in the ECOFIN Council.
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Bulgaria's Path to Eurozone Membership: No Reliance on Exceptions
In a significant step towards Eurozone integration, Bulgaria asserts its readiness to join the currency union without relying on exceptions, according to statements made by officials in Brussels. Petar Chobanov, Deputy Governor of the Bulgarian National Bank, emphasized Bulgaria's commitment to meeting the criteria for Eurozone membership during a conference organized by MEP Emil Radev.
PM Denkov Confirms: Bulgaria Aims to Join Eurozone on January 1, 2025
Prime Minister Acad. Nikolai Denkov, during discussions with Eurogroup President Paschal Donohoe at the World Economic Forum in Davos, unveiled Bulgaria's ambitious goal of becoming a member of the euro area by January 1, 2025.
A vision for a Europe governed by rule-based order
Wolfgang Schaeuble resembled a commanding political figure in both Germany and Europe. It would not be an overstatement to assert that, for a substantial span of challenging years, the Eurogroup operated within the sphere of his influence - member-states actively sought his favor, aligning themselves with his policy initiatives.
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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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Draft budgetary plan in line with European Council
The Eurogroup welcomed on Thursday the fact that the draft budgetary plans of Greece and another six countries (Cyprus, Estonia, Spain, Ireland, Lithuania and Slovenia) are in line with the fiscal recommendations of the European Council based on the Commission assessment.
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Hatzidakis in Brussels for Eurogroup, Ecofin meetings
Economy and Finance Minister Kostis Hatzidakis is scheduled to travel to Brussels on Wednesday to participate in the Eurogroup and ECOFIN meetings.