Author: Web Master

The President of the Eurogroup, Kyriakos Pierrakakis, has sent a letter to the President of the Euro Summit, António Costa, to report on the recent work by the Eurogroup and upcoming work priorities. The letter will inform the discussion that EU leaders will hold at the Euro Summit on 19 March 2026. In his letter the Eurogroup President reports on the state of the euro area economy, on how imba...
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Good afternoon, It is a pleasure to be here with you in Baku. Thank you President Aliyev for your invitation and your gracious welcome – in particular, in the challenging context of the rapidly evolving geopolitical situation in the region. And I would like to express the EU’s full solidarity with the people of Azerbaijan. And please, let me extend my sincere appreciation for the assistance ...
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The level of violence in the West Bank is unacceptable. Since 28 February, six Palestinians have been killed in the West Bank as a result of extremist settler attacks, with many more communities attacked, properties damaged and livelihoods destroyed, displacing people out of their homes and leaving them without a shelter. The EU calls on the Israeli authorities to take immediate and effectiv...
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It is an honour to be back at this conference and share some reflections with you. Over the past year, I have had the pleasure to meet with many of you in your postings. I wish to begin by commending your professionalism. You are the face of European Union abroad. And you represent our Union with dedication. Thank you very much for your commitment. I would also like to commend you, dear Kaja...
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We started today’s meeting with a discussion on macroeconomic developments. This discussion took place at a time of significant turbulence. The situation in the Middle East is deeply concerning. Besides the economic turmoil, we are witnessing a tragic situation with broad geopolitical repercussions. In this time of crisis, the EU stands in solidarity with its friends in the region and the people a...
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The Eurogroup discussed macroeconomic developments in the euro area and adopted a statement on the Belgian draft budgetary plan for 2026. Ministers also exchanged views on recent developments in digital finance, including tokenisation and stablecoins. They further discussed energy prices and their implications for the euro area economy in the context of heightened geopolitical instability. Eurogro...
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Lebanon risks becoming another front in the war with Iran. Hezbollah’s decision to attack Israel in support of Iran endangers the entire region and adds a deadly dimension. Israel has the right to self-defence in line with international law. All proxies that join the war make themselves legitimate targets. Hezbollah must disarm and cease all actions against Israel. At the same time, Israel’s re...
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President Costa will be in Baku on 11 March for a series of high-level meetings with the President of Azerbaijan, Ilham Aliyev, and senior government representatives. “Azerbaijan is a partner of strategic importance to the EU: our energy cooperation is crucial for our efforts to diversify our energy supplies and strengthen our energy security. Our meeting will also be an opportunity to disc...
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