ECOFIN

Greek Finance Minister Kostis Hatzidakis said the decision will kickstart recovery fund absorption set to reach 64%.

The Eurogroup meeting, conducted on Monday, will engage in discussions with the United Kingdom's Finance Minister, Rachel Reeves.

On the sidelines of the meetings, the Greek minister is also expected to engage in discussions with other European officials.

The agenda of the Eurogroup meetings will include discussions on the competitiveness of the Eurozone, the Capital Markets Union, and the digital euro, as well as the preparations for the Eurozone summit.

Minister Hatzidakis will be representing the Prime Minister, Kyriakos Mitsotakis at the meeting.

However, the Commission warned about the need for balance, emphasizing that substantial wage hikes, without parallel productivity gains, could adversely impact competitiveness across Europe

Athens appeared satisfied with Wednesday’s agreement by EU finance ministers (ECOFIN) over a new European Stability and Growth Pact