Eurogroup

Greece will remain on the road to fiscal stability and "will implement, with determination, the reforms needed to be completed," Finance Minister Costis Hatzidakis said on Friday. 

Greece will remain on the road to fiscal stability and "will implement, with determination, the reforms needed to be completed," Economy and Finance Minister Kostis Hatzidakis said on Friday.

National Economy and Finance Minister Kostis Hatzidakis arrived in Brussels on Thursday to participate in the Eurogroup and ECOFIN meetings.

Hatzidakis was to present the priorities of the Greek government in the field of economic policy at the Eurogroup meeting on Thursday.

The Netherlands has said that it will close the taps at Europe's largest gas field on October 1 after years of earthquakes, despite global energy worries sparked by Russia's war in Ukraine.

Residents living near the massive Groningen site have complained for more than two decades of being terrorised by quakes which have been directly attributed to drilling operations.

"The Eurogroup has confidence in us and the Greek economy shows resilience," Finance Minister Thodoros Pelagidis said in Luxembourg on Thursday, commenting on the European Commission's post-program surveillance report on Greece.

The European Central Bank will almost certainly deliver another interest rate hike tomorrow, pressing ahead with its fight against inflation even as the eurozone slides into a recession.

Analysts predict that ECB policymakers will copy May's move and again raise borrowing costs by 25 basis points, taking the closely watched deposit rate to 3.5 percent.

Bulgaria is making efforts to be ready to accept the euro no later than January 1, 2025.

Eirini Zarkadoula, the Brussels correspondent for ERT - the Greek Public Broadcasting Company  - and for the Athens News Agency, joins Thanos Davelis to break down the main takeaways from Eurogroup President Paschal Donohoe's visit to Greece this week that once again put the country's economic progress in the spotlight. 

Eurogroup chief Paschal Donohoe congratulated Greece and its Prime Minister Kyriakos Mitsotakis on Greece's economic progress in recent years during their meeting at the Maximos Mansion in Athens on Tuesday.

Eurogroup President Paschal Donohoe, Ireland's minister for public expenditure, national development plan delivery and reform, is due to participate in a conference on the Greek economy titled "Resilience, Progress, Perspective" in Athens on Tuesday, which will be hosted by Prime Minister Kyriakos Mitsotakis.