Eurogroup - Eurozone

03/11/2026 | Press release | Distributed by Public on 03/11/2026 08:37

Eurogroup President Pierrakakis' report to the President of the Euro Summit 15:30 The President of the Eurogroup, Kyriakos Pierrakakis, has sent a letter to the President of[...]

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 imbalances can be addressed through international cooperation, the strengthening of the international role of the euro and progress on accelerating the savings and investments union. The report furthermore takes stock on Eurogroup efforts to prepare Europe's financial system for the digital age, its coordinating role to ensure fiscal sustainability while supporting strategic priorities and the Eurogroup's core work to strengthen competitiveness and resilience.

Although the fundamentals of the euro zone economy remain solid, our common economic area continues to operate in a global environment characterised by considerable uncertainty. This only underlines the need to relentlessly focus on reaching common goals, such as the capital markets union and Europe's strategic autonomy.

Kyriakos Pierrakakis, President of the Eurogroup

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